New Issue: HSBC prices $1.22 million market participation securities on stock basket

By Wendy Van Sickle

Columbus, Ohio, Feb. 21 – HSBC USA Inc. priced $1.22 million of 0% market participation securities due Feb. 16, 2029 tied to the performance of an equally weighted basket of the common stocks of Apple Inc., Tesla, Inc., Microsoft Corp. and Nvidia Corp., according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the basket is positive, the payout at maturity will be par plus the basket return up to a maximum return of par plus 50%.

Otherwise, investors will receive par.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Market participation securities
Underlying stocks:	Apple Inc., Tesla, Inc., Microsoft Corp. and Nvidia Corp., equal weights
Amount:	$1.22 million
Maturity:	Feb. 16, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes above its initial level, par plus the basket return up to 50%; otherwise, par
Initial levels:	$185.04 for Apple, $184.02 for Tesla, $406.32 for Microsoft and $721.28 for Nvidia
Pricing date:	Feb. 13
Settlement date:	Feb. 16
Agent:	HSBC Securities (USA) Inc.
Fees:	3.75%
Cusip:	40447AZX5

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