New Issue: HSBC prices $230,000 buffered AMPS tied to iShares EAFE ETF

By Marisa Wong

Morgantown, W.Va., Dec. 7 – HSBC USA Inc. priced $230,000 of 0% buffered Accelerated Market Participation Securities due Nov. 30, 2017 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par plus 1.2 times the fund gain, subject to a maximum return of 32%. Investors will receive par if the fund declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$230,000
Maturity:	Nov. 30, 2017
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 1.2 times any fund gain, subject to a maximum return of 32%; par if the fund declines by 10% or less; 1% loss for every 1% that it declines beyond 10%
Initial price:	$60.55
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40433UDN3

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