New Issue: HSBC prices $33.46 million dual directional trigger PLUS linked to Euro Stoxx 50

By Jennifer Chiou

New York, Feb. 5 - HSBC USA Inc. priced $33,463,210 of 0% dual directional trigger Performance Leveraged Upside Securities due Aug. 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par of $10 plus 150% of any gain.

If the index falls by up to the 65% trigger level, the payout will be par plus the absolute value of the return, up to a maximum return of 35%.

Otherwise, investors will be fully exposed to any losses.

HSBC Securities (USA) Inc. is the agent. Morgan Stanley Wealth Management is the dealer.

Issuer:	HSBC USA Inc.
Issue:	Dual directional trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$33,463,210
Maturity:	Aug. 5, 2019
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If index gains, par plus 150% of return; if index falls by up to 35%, plus absolute value of the return, capped at 35%; otherwise, full exposure to any losses
Initial level:	3,013.96
Trigger level:	1,959.07, 65% of initial level
Pricing date:	Jan. 31
Settlement date:	Feb. 5
Agent:	HSBC Securities (USA) Inc. with Morgan Stanley Wealth Management as dealer
Fees:	3.5%
Cusip:	40434B487

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