HSBC plans buffered AMPS tied to S&P, Russell, MSCI EAFE indexes

By Jennifer Chiou

New York, Nov. 8 - HSBC USA Inc. plans to price 0% buffered Accelerated Market Participation Securities due Nov. 29, 2016 linked to a basket of three equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying indexes are the S&P 500 index, the Russell 2000 index and the MSCI EAFE index.

The payout at maturity will be par plus 1.25 times any gain in the basket, up to a maximum return of 56% to 66%.

Investors will receive par if the index falls by up to 15% and will be exposed to any decline beyond 15%.

The notes (Cusip: 40432X3A7) are expected to price on Nov. 20 and settle on Nov. 28.

HSBC Securities (USA) Inc. is the agent.

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