New Issue: HSBC prices $5.1 million AMPS linked to Apple stock

By Angela McDaniels

Tacoma, Wash., July 22 – HSBC USA Inc. priced $5.1 million of 0% Accelerated Market Participation Securities due July 24, 2018 linked to the common stock of Apple Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock return is greater than or equal to zero, the payout at maturity will be par plus 500% of the stock return, subject to a maximum return of 57%. If the stock return is less than zero, investors will be fully exposed to the decline.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Accelerated Market Participation Securities
Underlying stock:	Apple Inc. (Nasdaq: AAPL)
Amount:	$5.1 million
Maturity:	July 24, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If stock return is greater than or equal to zero, par plus 500% of stock return, subject to maximum return of 57%; if stock return is less than zero, full exposure to decline
Initial stock price:	$130.75
Pricing date:	July 21
Settlement date:	July 24
Agent:	HSBC Securities (USA) Inc.
Fees:	0.3%
Cusip:	40433B5Q7

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