New Issue: HSBC prices $850,250 PLUS linked to Euro Stoxx 50

By Cady Vishniac

Detroit, Dec. 29 – HSBC USA Inc. priced $850,250 of 0% Performance Leveraged Upside Securities due April 5, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum payout of par plus 13.8%. If the index return is negative, investors will be fully exposed to the decline.

HSBC Securities (USA) Inc. is the agent. Morgan Stanley Wealth Management is handling distribution.

Issuer:	HSBC USA Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$850,250
Maturity:	April 5, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to maximum payout of par plus 13.8%; if index return is negative, full exposure to decline
Initial level:	3,543.00
Pricing date:	Dec. 16
Settlement date:	Dec. 21
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	40438Q365

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