HSBC plans buffered AMPS with 55%-65% cap linked to index basket

By Susanna Moon

Chicago, Sept. 6 - HSBC USA Inc. plans to price 0% buffered Accelerated Market Participation Securities due Sept. 28, 2016 linked to a basket of three equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying indexes are the S&P 500 index, the Russell 2000 index and the MSCI EAFE index.

The payout at maturity will be par plus 1.25 times any gain in the basket, up to a maximum return of 55% to 65%.

Investors will receive par if the index falls by up to 20% and will be exposed to any decline beyond 20%.

HSBC Securities (USA) Inc. is the agent.

The notes will price on Sept. 21 and settle on Sept. 28.

The Cusip number is 4042K14R1.

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