New Issue: HSBC sells $4.73 million 5.1% coupon buffered notes tied to index, fund

By Susanna Moon

Chicago, Sept. 7 – HSBC USA Inc. priced $4.73 million of 5.1% buffered notes with fixed coupon due July 8, 2019 linked to the iShares MSCI EAFE exchange-traded fund and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless either index or fund falls by more than 17.5%, in which case investors will lose 1.2121% for each 1% decline of worse performing asset beyond 17.5%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered notes with fixed coupon
Underlying assets:	iShares MSCI EAFE ETF and Russell 2000 index
Amount:	$4,725,000
Maturity:	July 8, 2019
Coupon:	5.1%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index or fund falls by more than 17.5%, in which case 1.2121% loss for each 1% decline of worse performing asset beyond 17.5%
Initial levels:	1,391.324 for index, $66.39 for fund
Barrier levels:	82.5% of initial levels
Pricing date:	Aug. 30
Settlement date:	Sept. 5
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40435FGA9

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