New Issue: HSBC prices $1.13 million leveraged buffered uncapped market participation notes on the Dow

By Jennifer Chiou

New York, Oct. 29 - HSBC USA Inc. priced $1,125,000 of 0% leveraged buffered uncapped market participation securities due Oct. 30, 2017 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.125 times any index gain.

Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond the 15% buffer.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered uncapped market participation securities
Underlying index:	Dow Jones industrial average
Amount:	$1,125,000
Maturity date:	Oct. 30, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.125 times any index gain; par if index falls by up to 15%; 1% loss for every 1% index decline beyond 15%
Initial index level:	15,509.21
Pricing date:	Oct. 24
Settlement date:	Oct. 29
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40432XMN8

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