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Published on 4/5/2016 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $98,000 two-year buffered AMPS linked to Facebook

By Marisa Wong

Morgantown, W.Va., April 5 – HSBC USA Inc. priced $98,000 of 0% buffered Accelerated Market Participation Securities due April 2, 2018 linked to the common stock of Facebook, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock return is positive, the payout at maturity will be par plus 1.5 times the gain, subject to a maximum return of 29.5%.

Investors will receive par if the stock declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

HSBC Securities (USA) Inc. is the agent.

Issuer:HSBC USA Inc.
Issue:Buffered Accelerated Market Participation Securities
Underlying stock:Facebook, Inc. (Symbol: FB)
Amount:$98,000
Maturity:April 2, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any share price gain, up to maximum return of 29.5%; par if stock declines by 15% or less; 1% loss for every 1% decline beyond 15%
Initial price:$113.69
Pricing date:March 28
Settlement date:March 31
Agent:HSBC Securities (USA) Inc.
Fees:None
Cusip:40433UJX5

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