New Issue: HSBC prices $7.08 million dual directional trigger PLUS on Euro Stoxx 50

By Susanna Moon

Chicago, June 10 – HSBC USA Inc. priced $7.08 million of 0% dual directional trigger Performance Leveraged Upside Securities due June 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par of $10 plus double the gain, up to a maximum return of 46.5%.

If the index falls by up to the 80% trigger level, the payout will be par plus the absolute value of the return.

If the index finishes below the trigger level, investors will be fully exposed to any losses.

HSBC Securities (USA) Inc. is the agent. Morgan Stanley Smith Barney LLC is handling distribution.

Issuer:	HSBC USA Inc.
Issue:	Dual directional trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$7,084,460
Maturity:	June 5, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index gains, par plus 200% of return, capped at 46.5%; if index falls by up to 20%, par plus absolute value of return; otherwise, full exposure to any losses
Initial index level:	3,063.48
Trigger level:	2,450.78, 80% of initial level
Pricing date:	May 31
Settlement date:	June 3
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Wealth Management
Fees:	2.5%
Cusip:	40434N143

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