New Issue: HSBC sells $669,000 of leveraged buffered uncapped notes on Euro Stoxx

By Wendy Van Sickle

Columbus, Ohio, Jan. 28 – HSBC USA Inc. priced $669,000 of 0% leveraged buffered uncapped market participation securities due July 29, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 120% of the index gain.

Investors will receive par if the index declines by up to the 15% buffer and will lose 1% for every 1% that it declines beyond the buffer.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered uncapped market participation securities
Underlying index:	Euro Stoxx 50
Amount:	$669,000
Maturity:	July 29, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 120% of gain; par if index falls by up to 15%; 1% loss for every 1% decline beyond 15%
Initial level:	3,032.84
Pricing date:	Jan. 26
Settlement date:	Jan. 29
Underwriters:	HSBC Securities (USA) Inc.
Fees:	3.05%
Cusip:	40433UFS0

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