New Issue: HSBC prices $7 million leveraged notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Jan. 17 – HSBC USA Inc. priced $7 million of 0% Leveraged Index Return Notes due Jan. 29, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 261% of the index return. If the index return is negative, investors will lose 1% for every 1% that the index declines.

BofA Merrill Lynch is the agent.

Issuer:	HSBC USA Inc.
Issue:	Leveraged Index Return Notes
Underlying index:	Euro Stoxx 50
Amount:	$7 million
Maturity:	Jan. 29, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 261% of index return; if index return is negative, 1% loss for every 1% that index declines
Initial index level:	3,324.34
Final index level: Average of index’s closing levels on five trading days ending Jan. 26, 2021
Pricing date:	Jan. 13
Settlement date:	Jan. 23
Underwriter:	BofA Merrill Lynch
Fees:	0.6%
Cusip:	40435C732

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