HSBC to price buffered AMPS linked to Energy Select Sector SPDR fund

By Wendy Van Sickle

Columbus, Ohio, Feb. 18 – HSBC USA Inc. plans to price 0% buffered Accelerated Market Participation Securities linked to the Energy Select Sector SPDR fund, according to an FWP filing with the Securities and Exchange Commission.

The notes’ tenor is expected to be about 2.5 years.

The payout at maturity will be par plus double any index return up to a maximum return of at least 42%.

The payout will be par if the index declines by up to 10%, and investors will be exposed to losses beyond 10%.

The exact maturity and maximum return will be set at pricing.

HSBC Securities (USA) Inc. is the agent.

The Cusip number is 40433UJR8.

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