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Published on 10/29/2014 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $2.95 million AMPS linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., Oct. 29 – HSBC USA Inc. priced $2.95 million of 0% Accelerated Market Participation Securities due Feb. 1, 2016 linked to the iShares MSCI Emerging Markets exchange-traded fund, 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 triple the ETF return, subject to a maximum return of 19%. If the ETF return is negative, investors will have one-to-one exposure to the decline.

HSBC Securities (USA) Inc. is the agent.

Issuer:HSBC USA Inc.
Issue:Accelerated Market Participation Securities
Underlying ETF:iShares MSCI Emerging Markets
Amount:$2,949,000
Maturity:Feb. 1, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus triple any ETF gain, up to maximum return of 19%; full exposure to any ETF decline
Initial share price:$40.70
Pricing date:Oct. 27
Settlement date:Oct. 30
Agent:HSBC Securities (USA) Inc.
Fees:None
Cusip:40433BQZ4

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