New Issue: HSBC prices $3.13 million two-year buffered AMPS linked to Russell

By Sarah Lizee

Olympia, Wash., Nov. 5 – HSBC USA Inc. priced $3.13 million of 0% buffered Accelerated Market Participation Securities due Nov. 5, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, subject to a maximum return of 18.9%. Investors will receive par if the index finishes flat or falls by up to 10% and lose 1% for each 1% index decline beyond the 10% buffer.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	Russell 2000
Amount:	$3,128,000
Maturity:	Nov. 5, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, subject to maximum return of 18.9%; par if index finishes flat or falls by 10% or less; 1% loss for every 1% decline beyond 10%
Initial index level:	1,511.413
Pricing date:	Oct. 31
Settlement date:	Nov. 5
Agent:	HSBC Securities (USA) Inc.
Fees:	0.5%
Cusip:	40435F4G9

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