New Issue: HSBC sells $665,000 of 9.2% yield autocallables linked to FedEx, Amazon

By Susanna Moon

Chicago, June 13 – HSBC USA Inc. priced $665,000 of 9.2% autocallable yield notes due June 13, 2019 linked to the lesser performing of the common stocks of FedEx Corp. and the Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called at par if each underlying stock closes at or above its initial level on any review date.

The payout at maturity will be par unless either stock finishes below its 75% trigger level, in which case investors will be fully exposed to any losses of the worse performing stock.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Autocallable yield notes
Underlying stocks:	FedEx Corp. (NYSE: FDX) and Amazon.com, Inc. (Nasdaq: AMZN)
Amount:	$665,000
Maturity:	June 13, 2019
Coupon:	9.2% annualized, payable monthly
Price:	Par
Payout at maturity:	Par unless either stock falls below 75% trigger, in which case full exposure to any losses of worse performing stock
Call:	At par if each stock closes at or above initial level on any quarterly review date
Initial levels:	$260.15 for FedEx, $1,683.99 for Amazon
Trigger levels:	$195.1125 for FedEx, $1,262.9925 for Amazon, 75% of initial levels
Pricing date:	June 8
Settlement date:	June 13
Agent:	HSBC Securities (USA) Inc.
Fees:	1%
Cusip:	40435FF93

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