New Issue: HSBC prices $470,000 lookback allocator notes linked to three indexes

By Marisa Wong

Madison, Wis., Sept. 24 – HSBC USA Inc. priced $470,000 of 0% lookback allocator notes due June 26, 2019 linked to the S&P 500 index, the Euro Stoxx 50 index and the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the allocated return, which is 60% of the highest index return plus 30% of the second-best index return plus 10% of the lowest index return. The allocated return can be positive or negative.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Lookback allocator notes
Underlying indexes:	S&P 500, Euro Stoxx 50, Hang Seng China Enterprises
Amount:	$470,000
Maturity:	June 26, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 60% of highest index return plus 30% of second-best index return plus 10% of lowest index return
Initial index levels:	1,982.77 for S&P, 3,205.93 for Euro Stoxx and 10,568.80 for Hang Seng
Pricing date:	Sept. 23
Settlement date:	Sept. 26
Agents:	HSBC Securities (USA) Inc.
Fees:	2%
Cusip:	40433BLF3

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