HSBC plans two-year barrier AMPS tied to iShares MSCI Brazil Capped

By Susanna Moon

Chicago, May 10 – HSBC USA Inc. plans to price 0% barrier Accelerated Market Participation Securities due May 30, 2019 linked to the iShares MSCI Brazil Capped exchange-traded fund, according to an FWP filed with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of at least 34%.

Investors will receive par if the fund falls by up to 30% and will be fully exposed to any losses if the finishes below the 70% barrier level.

HSBC Securities (USA) Inc. is the agent.

The notes will price on May 24 and settle on May 30.

The Cusip number is 40433U5C6.

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