New Issue: HSBC prices $626,000 leveraged buffered capped notes on indexes

By Wendy Van Sickle

Columbus, Ohio, Jan. 4– HSBC USA Inc. priced $626,000 of 0% leveraged buffered capped notes due Sept. 28, 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 1.5 times any basket gain, up to a maximum settlement amount of $1,309 per $1,000 principal amount.

Investors will receive par if the basket falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered capped basket-linked notes
Underlying basket:	Euro Stoxx 50 index with a 37% weight, FTSE 100 index with a 23% weight, Tokyo Stock Price index with a 23% weight, Swiss Market index with a 9% weight and S&P/ASX 200 index with an 8% weight
Amount:	$626,000
Maturity:	Sept. 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any basket gain, up to a maximum settlement amount of $1,309 per $1,000 principal amount; par if the basket falls by up to 12.5%; 1.1429% loss for every 1% decline beyond 12.5%
Initial levels:	3,278.72 for Euro Stoxx, 7,106.08 for FTSE, 1,536.80 for Topix, 8,256.61 for Swiss Market and 5,685.023 for S&P/ASX
Pricing date:	Dec. 28
Settlement date:	Jan. 5
Underwriter:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40433UF68

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