New Issue: HSBC prices $6.08 million buffered AMPS linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Sept. 30 – HSBC USA Inc. priced $6.08 million of 0% buffered Accelerated Market Participation Securities due Sept. 28, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus double the return, subject to a maximum return of 17.5%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	S&P 500
Amount:	$6,078,000
Maturity:	Sept. 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, up to maximum return of 17.5%; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:	2,159.93
Pricing date:	Sept. 27
Settlement date:	Sept. 30
Agent:	HSBC Securities (USA) Inc.
Fees:	0.5%
Cusip:	40433UUQ7

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