New Issue: HSBC prices $15.28 million Accelerated Return Notes linked to Energy Select Sector

By Wendy Van Sickle

Columbus, Ohio, May 29 – HSBC USA Inc. priced $15.28 million of 0% Accelerated Return Notes due July 26, 2019 linked to the Energy Select Sector index, according to a 424B2 filing with the Securities and Exchange.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 18%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

Issuer:	HSBC USA Inc.
Issue:	Accelerated Return Notes
Underlying index:	Energy Select Sector index
Amount:	$15,278,840
Maturity:	July 26, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 18%; exposure to any index decline
Initial index level:	769.45
Final index level:	Average of index’s closing levels on five trading days ending July 23, 2019
Pricing date:	May 24
Settlement date:	June 1
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	40435M334

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