New Issue: HSBC prices $643,000 buffered AMPS tied to Nasdaq, Russell

By Sarah Lizee

Olympia, Wash., Dec. 9 – HSBC USA Inc. priced $643,000 of 0% buffered Accelerated Market Participation Securities due March 1, 2021 tied to the least performing of the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any gain of the lesser performing index, up to a maximum return of 13.2%.

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

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying indexes:	Russell 2000 index, Nasdaq-100 index
Amount:	$643,000
Maturity:	March 1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any gain of lesser performing index, capped at 13.2%; par if lesser performing index falls by up to 10%; 1% loss for each 1% decline beyond 10%
Initial level:	1,621.904 for Russell, 8,371.928 Nasdaq
Pricing date:	Nov. 25
Settlement date:	Nov. 29
Agent:	HSBC Securities (USA) Inc.
Fees:	1.5%
Cusip:	40435UG99

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