New Issue: HSBC prices $907,000 trigger autocallables linked to Coca-Cola

By Angela McDaniels

Tacoma, Wash., Aug. 26 – HSBC USA Inc. priced $907,000 of 0% trigger autocallable optimization securities due Aug. 27, 2020 linked to the common stock of Coca-Cola Co., according to a 424B2 filing with the Securities and Exchange Commission.

Beginning Aug. 29, 2016, the notes will be called at par of $10 plus a call return of 8% per year if Coca-Cola shares close at or above the initial share price on any quarterly observation date.

If the notes are not called and Coca-Cola shares finish at or above the trigger price, 70% of the initial share price, the payout at maturity will be par. Otherwise, investors will be exposed to the share price decline from the initial price.

HSBC Securities (USA) Inc. is the underwriter with UBS Financial Services Inc. as agent.

Issuer:	HSBC USA Inc.
Issue:	Trigger autocallable optimization securities
Underlying stock:	Coca-Cola Co. (Symbol: KO)
Amount:	$907,000
Maturity:	Aug. 27, 2020
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If notes are not called and Coca-Cola shares finish at or above trigger price, par; otherwise, investors will be exposed to share price decline from initial price
Call:	Beginning Aug. 29, 2016, notes will be called at par plus 8% per year if Coca-Cola shares close at or above initial share price on any quarterly observation date
Initial share price:	$39.53
Trigger price:	$27.67, 70% of initial share price
Pricing date:	Aug. 21
Settlement date:	Aug. 26
Underwriter:	HSBC Securities (USA) Inc.
Agent:	UBS Financial Services Inc.
Fees:	2.5%
Cusip:	40434K107

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