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Published on 12/12/2016 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $6.31 million barrier digital return notes linked to Amazon, Facebook

By Angela McDaniels

Tacoma, Wash., Dec. 12 – HSBC USA Inc. priced $6.31 million of 0% barrier digital return notes due Dec. 16, 2019 linked to the lesser performing of the common stocks of Amazon.com, Inc. and Facebook, Inc., according to a 424B2 with the Securities and Exchange Commission.

If each stock finishes at or above its barrier price, 60% of its initial share price, the payout will be par plus 31.75%. Otherwise, investors will be fully exposed to the decline of the lesser- performing stock.

HSBC Securities (USA) Inc. is the agent.

Issuer:HSBC USA Inc.
Issue:Barrier digital return notes
Underlying stocks:Amazon.com, Inc.(Symbol: AMZN)and Facebook, Inc. (Symbol: FB)
Amount:$6,305,000
Maturity:Dec. 16, 2019
Coupon:0%
Price:Par
Payout at maturity:If each stock finishes at or above barrier price, par plus 31.75%; otherwise, full exposure to decline of lesser- performing stock
Initial share price:$768.66 for Amazon and $119.68 for Facebook
Barrier prices:$461.196 for Amazon and $71.808 for Facebook; 60% of initial share prices
Pricing date:Dec. 9
Settlement date:Dec. 14
Agent:HSBC Securities (USA) Inc.
Fees:1.75%
Cusip:40433UXH4

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