New Issue: HSBC prices $594,000 buffered AMPS with 60% cap on index basket

By Marisa Wong

Madison, Wis., Nov. 21 - HSBC USA Inc. priced $594,000 of 0% buffered Accelerated Market Participation Securities due Nov. 29, 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 60%.

Investors will receive par if the index falls by up to 15% and will be exposed to any 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, Russell 2000 index and MSCI EAFE index, equally weighted
Amount:	$594,000
Maturity date:	Nov. 29, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any index gain, return capped at 60%; par for declines of up to 15%; exposure to losses beyond 15%
Initial levels:	1,387.81 for S&P 500, 793.81 for Russell and 1,503.97 for MSCI EAFE
Pricing date:	Nov. 20
Settlement date:	Nov. 28
Agent:	HSBC Securities (USA) Inc.
Fees:	2.75%
Cusip:	40432X3A7

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