New Issue: HSBC prices $883,000 leveraged capped basket-linked notes due 2021

By Wendy Van Sickle

Columbus, Ohio, Nov. 7 – HSBC USA Inc. priced $883,000 of leveraged capped basket-linked notes due April 8, 2021, according to a 424B2 filed with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 3 times the basket return, subject to a maximum payout of $1,367.50 per $1,000 of notes.

Investors will be exposed to any decline in the basket return.

HSBC Securities (USA) LLC is the distributor.

Issuer:	HSBC USA Inc.
Issue:	Leveraged capped basket-linked notes
Basket components:	Euro Stoxx 50 (36% weight), Topix (27% weight), FTSE 100 (20% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$883,000
Maturity:	April 8, 2021
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the index return is positive, par plus 300% of the basket return, capped at $1,367.50 per $1,000 of notes; if the basket declines, full exposure to loss
Initial levels:	3,620.29 for Euro Stoxx, 1,665.9 for Topix, 7,330.78 for FTSE, 10,254.95 for Swiss Market, 6,689.482 for S&P/ASX
Pricing date:	Oct. 30
Settlement date:	Nov. 6
Agent:	HSBC Securities (USA) LLC
Fees:	None
Cusip:	40435UH72

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