New Issue: HSBC prices $1.73 million leveraged buffered uncapped market participation notes on Euro Stoxx

By Wendy Van Sickle

Columbus, Ohio, Aug. 31 – HSBC USA Inc. priced $1.73 million of 0% leveraged buffered uncapped market participation securities due Aug. 26, 2021 tied 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 plus 125% of the index return. Investors will receive par if the index falls by up to 25% and lose 1% for every 1% decline in the index beyond 25%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered uncapped market participation securities
Underlying index:	Euro Stoxx 50
Amount:	$1,725,000
Maturity:	Aug. 26, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 125% of the index return; par if index falls by up to 25%; 1% loss for every 1% decline in index beyond 25%
Initial index level:	3,010.36
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Underwriters:	HSBC Securities (USA) Inc.
Fees:	3.75%
Cusip:	40433USF4

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