HSBC plans to price buffered AMPS due 2017 linked to Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Dec. 1 – HSBC USA Inc. plans to price 0% buffered Accelerated Market Participation

Securities due Dec. 29, 2017 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any index gain, up to a maximum return of at least 20.5%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

HSBC Securities (USA) Inc. is the agent.

The notes will price on Dec. 23 and settle on Dec. 29.

The Cusip number is 40433UEJ1.

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