New Issue: HSBC prices $1.51 million buffered AMPS linked to EM index

By Wendy Van Sickle

Columbus, Ohio, Aug. 5 – HSBC USA Inc. priced $1.51 million of 0% buffered Accelerated Market Participation Securities due Aug. 5, 2021 linked to the Euro Stoxx 50 ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus double the ETF return, subject to a maximum return of 22.1%. Investors will receive par if the ETF 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 ETF:	iShares MSCI Emerging Markets ETF
Amount:	$1,511,000
Maturity:	Aug. 5, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any ETF gain, up to maximum return of 22.1%; par if ETF declines by 10% or less; 1% loss for every 1% that ETF declines beyond 10%
Initial level:	$41.77
Pricing date:	July 31
Settlement date:	Aug. 5
Agent:	HSBC Securities (USA) Inc.
Fees:	0.5%
Cusip:	40435URT3

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