New Issue: HSBC prices $876,000 15-month buffered AMPS with cap linked to S&P 500

By Marisa Wong

Morgantown, W.Va., July 13 – HSBC USA Inc. priced $876,000 of 0% buffered Accelerated Market Participation Securities due Oct. 12, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2.5 times any index gain, up to a maximum return of 14%.

Investors will receive par if the index falls by up to 5% and will lose 1% for every 1% decline beyond 5%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	S&P 500
Amount:	$876,000
Maturity:	Oct. 12, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2.5 times any index gain, up to 14% cap; par if index declines by 5% or less; 1% loss per 1% drop beyond 5%
Initial level:	2,097.90
Pricing date:	July 7
Settlement date:	July 12
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40433URG3

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