New Issue: HSBC prices $2 million barrier AMPS on VanEck Vectors Oil Services

By Wendy Van Sickle

Columbus, Ohio, June 7 – HSBC USA Inc. priced $2 million of 0% barrier Accelerated Market Participation Securities due June 3, 2019 linked to the VanEck Vectors Oil Services 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 1.5 times the fund return, subject to a maximum return of 36%. If the fund declines by 20% or less, the payout will be par. If the fund falls by more than 20%, investors will receive a number of shares of the fund equal to $1,000 divided by the initial share price.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Barrier Accelerated Market Participation Securities
Underlying ETF:	VanEck Vectors Oil Services ETF
Amount:	$2 million
Maturity:	June 3, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the fund return is positive, par plus 1.5 times the fund return, subject to a maximum return of 36%; if the fund declines by 20% or less, par; if the fund falls by more than 20%, a number of shares of the fund equal to $1,000 divided by the initial share price
Initial price:	$25.87
Pricing date:	June 2
Settlement date:	June 9
Underwriter:	HSBC Securities (USA) Inc.
Fees:	1.25%
Cusip:	40435D391

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