New Issue: HSBC sells $820,000 contingent buffered notes on Applied Materials

By Wendy Van Sickle

Columbus, Ohio, Dec. 6 – HSBC USA Inc. priced $820,000 of 0% contingent buffered notes due March 14, 2019 linked to the common stock of Applied Materials, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

A knock-out event occurs if the final price is less than the initial price by more than 15%.

If a knock-out event has not occurred, the payout at maturity will be par plus 20.75%.

If a knock-out event has occurred, the payout will be par plus the stock return, with full exposure to losses.

HSBC Securities (USA) Inc. is the agent. JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.

Issuer:	HSBC USA Inc.
Issue:	Contingent buffered notes
Underlying stock:	Applied Materials, Inc.
Amount:	$820,000
Maturity:	March 14, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the stock finishes at or above 85% its initial price, par plus 20.75%; otherwise, par plus the stock return, with full exposure to losses
Initial value:	$51.91
Pricing date:	Dec. 1
Settlement date:	Dec. 6
Agent:	HSBC Securities (USA) Inc. with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as placement agents
Fees:	1.12%
Cusip:	40435FNV5

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