HSBC plans to price six-year Stars linked to Euro Stoxx 50 index

By Marisa Wong

Morgantown, W.Va., Sept. 27 – HSBC USA Inc. plans to price 0% Strategic Accelerated Redemption Securities due September 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above its initial level on any annual observation date, the notes will be automatically called at par plus an annualized call premium of 10.5% to 11.5%.

If the notes are not called, investors will be fully exposed to any index decline.

BofA Merrill Lynch is the agent.

The notes will price in September and settle in October.

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