By Marisa Wong
Madison, Wis., Dec. 30 – HSBC USA Inc. priced $5 million of 0% Capped Leveraged Index Return Notes due Dec. 28, 2018 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 168% times any index gain, up to a maximum return of 100%.
Investors will be fully exposed to losses.
BofA Merrill Lynch is the agent.
| Issuer: | HSBC USA Inc.
|
| Issue: | Capped Leveraged Index Return Notes
|
| Underlying index: | MSCI Emerging Markets index
|
| Amount: | $5 million
|
| Maturity: | Dec. 28, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 168% times any index gain, up to a maximum return of 100%; full exposure to any index decline
|
| Initial level: | 951.95
|
| Pricing date: | Dec. 23
|
| Settlement date: | Jan. 2
|
| Agent: | BofA Merrill Lynch
|
| Fees: | None
|
| Cusip: | 40434F710
|
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