New Issue: HSBC sells $645,000 barrier AMPS on iShares MSCI Brazil Capped ETF

By Marisa Wong

Morgantown, W.Va., June 14 – HSBC USA Inc. priced $645,000 of 0% barrier Accelerated Market Participation Securities due June 5, 2019 linked to the iShares MSCI Brazil Capped exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par plus 2 times the fund return, subject to a maximum return of 39.5%. If the fund declines by 30% or less, the payout will be par. If the fund falls by more than 30%, investors will be fully exposed to the fund decline.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Barrier Accelerated Market Participation Securities
Underlying ETF:	iShares MSCI Brazil Capped ETF
Amount:	$645,000
Maturity:	June 5, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the fund return is positive, par plus 2 times the fund return, subject to a maximum return of 39.5%; if the fund declines by 30% or less, par; if the fund falls by more than 30%, full exposure to decline
Initial price:	$35.17
Pricing date:	May 31
Settlement date:	June 5
Underwriter:	HSBC Securities (USA) Inc.
Fees:	1.25%
Cusip:	40433U5C6

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