New Issue: HSBC prices $4.56 million enhanced trigger jump notes linked to Euro Stoxx, Nikkei

By Angela McDaniels

Tacoma, Wash., Sept. 11 – HSBC USA Inc. priced $4.56 million of 0% enhanced trigger jump securities due March 11, 2021 linked to the lesser performing of the Euro Stoxx 50 index and the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of each index is at least 75% of its initial level, the payout at maturity will be par of $10 plus the greater of the lesser-performing index’s return and 24.4%. If the final level of either index is less than 75% of its initial level, investors will be fully exposed to the lesser-performing index's decline from its initial level.

HSBC Securities (USA) Inc. is the agent, and Morgan Stanley Smith Barney LLC is handling distribution.

Issuer:	HSBC USA Inc.
Issue:	Enhanced trigger jump securities
Underlying indexes:	Euro Stoxx 50 and Nikkei 225
Amount:	$4,556,000
Maturity:	March 11, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If each index finishes at or above trigger level, par plus greater of lesser-performing index’s return and 24.4%; otherwise, full exposure to lesser-performing index's decline from initial level
Initial index levels:	3,447.69 for Euro Stoxx 50 and 19,274.82 for Nikkei 225
Trigger levels:	2,585.77 for Euro Stoxx 50 and 14,456.12 for Nikkei 225; 75% of initial levels
Pricing date:	Sept. 8
Settlement date:	Sept. 13
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	3%
Cusip:	40435G386

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