New Issue: HSBC sells $2.22 million trigger jump securities tied to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, July 7 – HSBC USA Inc. price $2.22 million of 0% trigger jump securities due July 6, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will equal par of $10 plus the greater of the return and the upside payment of 66%.

Investors will receive par if the index falls by up to 35% and will be fully exposed to any losses if the index finishes below the 65% trigger level.

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

Issuer:	HSBC USA Inc.
Issue:	Trigger jump securities
Underlying index:	Euro Stoxx 50
Amount:	$2,223,210
Maturity:	July 6, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index gains, par plus greater of return and 66%; if index falls by up to trigger level, par; otherwise, full exposure to any losses
Initial index level:	2,864.74
Trigger level:	1,862.08, 65% of initial level
Pricing date:	June 30
Settlement date:	July 6
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Wealth Management
Fees:	3.5%
Cusip:	40434V566

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