By Susanna Moon
Chicago, March 19 – HSBC USA Inc. priced $1.19 million of 0% leveraged performance notes due March 6, 2026 linked to the HSBC Vantage5 Index (USD) Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 3.45 times any index gain.
If the index falls, the payout will be par.
HSBC Securities (USA) Inc. is the agent.
Issuer: | HSBC USA Inc.
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Issue: | Leveraged performance notes
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Underlying index: | HSBC Vantage5 Index (USD) Excess Return
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Amount: | $1.19 million
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Maturity: | March 6, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 345% of index return, floor of par
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Initial level: | 151.391
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Pricing date: | March 1
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Settlement date: | March 6
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Agent: | HSBC Securities (USA) Inc.
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Fees: | 3.5%
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Cusip: | 40435FVW4
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