New Issue: HSBC sells $238,000 buffered AMPS tied to S&P 500 ESG index

By Sarah Lizee

Olympia, Wash., May 4 – HSBC USA Inc. priced $238,000 of 0% buffered Accelerated Market Participation Securities due July 30, 2021 tied to the S&P 500 ESG index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.1 times any index gain, capped at par plus 10%.

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

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	S&P 500 ESG index
Amount:	$238,000
Maturity:	July 30, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.1 times any index gain, capped at par plus 10%; par if index falls by up to 10%; 1% loss for each 1% decline beyond 10%
Initial level:	244.93
Pricing date:	April 27
Settlement date:	April 30
Agent:	HSBC Securities (USA) Inc.
Fees:	1.525%
Cusip:	40438CEM9

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