New Issue: HSBC prices $420,000 buffered AMPS tied to S&P 500, Russell 2000 basket

By Tali Rackner

Norfolk, Va., Dec. 17 – HSBC USA Inc. priced $420,000 of 0% buffered Accelerated Market Participation Securities due Dec. 18, 2017 linked to a basket of two unequally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 60% weight and the Russell 2000 index with a 40% weight.

Payout at maturity will be par plus 110% of any gain on the basket, up to a maximum return of 24%.

Investors will receive par if the basket falls by up to 10% and will be exposed to declines beyond 10%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying basket:	S&P 500 index (60% weight), Russell 2000 index (40% weight)
Amount:	$420,000
Maturity:	Dec. 18, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 110% of any basket gain, capped at 24%; par if the basket falls by up to 10%; exposure to declines beyond 10%
Initial levels:	2,043.41 for S&P, 1,131.552 for Russell
Pricing date:	Dec. 15
Settlement date:	Dec. 18
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40433UFA9

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