New Issue: HSBC prices $712,000 buffered AMPS with cap linked to Euro Stoxx 50

By Tali Rackner

Norfolk, Va., Aug. 8 – HSBC USA Inc. priced $712,000 of 0% buffered Accelerated Market Participation Securities due Jan. 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus double the index return, subject to a maximum of 31%.

Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	Euro Stoxx 50
Amount:	$712,000
Maturity:	Jan. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, up to 31% cap; par if index declines by 10% or less; 1% loss per 1% drop beyond 10%
Initial level:	2,978.9
Pricing date:	July 26
Settlement date:	July 29
Agent:	HSBC Securities (USA) Inc.
Fees:	2.525%
Cusip:	40433UQT6

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