New Issue: HSBC sells $1.51 million buffered AMPS due 2021 on index, ETF basket

By Sarah Lizee

Olympia, Wash., June 28 – HSBC USA Inc. priced $1.51 million of 0% buffered Accelerated Market Participation Securities due July1, 2021 linked to a basket consisting of the shares of S&P 500 index with a 70% weight, the Russell 2000 index with a 15% weight and the iShares MSCI EAFE ETF with a 15% weight, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any basket gain, up to a maximum return of 16.65%.

Investors will receive par if the basket falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying basket:	S&P 500 index (70% weight), Russell 2000 index (15% weight) and iShares MSCI EAFE ETF (15% weight)
Amount:	$1.51 million
Maturity:	July1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any basket gain, up to 16.65% cap; par if basket declines by 15% or less; 1% loss per 1% drop beyond 15%
Initial levels:	2,913.78 for S&P, 1,517.775 for Russell, $65.20 for ETF
Pricing date:	June 26
Settlement date:	June 1
Agent:	HSBC Securities (USA) Inc.
Fees:	0.5%
Cusip:	40435UQQ0

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