New Issue: HSBC sells $3.73 million five-year market-linked notes tied to Topix

By Marisa Wong

Morgantown, W.Va., Sept. 18 – HSBC USA Inc. priced $3.73 million of 0% capped market-linked securities due Sept. 15, 2022 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, capped at 52.5%. If the index finishes flat or falls, the payout will be par.

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

Issuer:	HSBC USA Inc.
Issue:	Capped market-linked securities
Underlying index:	Topix index
Amount:	$3.73 million
Maturity:	Sept. 15, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 52.5%; if index finishes flat or falls, par
Initial index level:	Average of index closing levels during one-month period from pricing date to and including Oct. 11
Pricing date:	Sept. 11
Settlement date:	Sept. 14
Agent:	HSBC Securities (USA) Inc. with Morgan Stanley Wealth Management handling distribution
Fees:	1.75%
Cusip:	40435G279

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