New Issue: HSBC prices $315,620 PLUS due 2020 linked to Topix index

By Sarah Lizee

Olympia, Wash., Jan. 18 – HSBC USA Inc. priced $315,620 of 0% Performance Leveraged Upside Securities due May 5, 2020 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 300% of the index gain, capped at $12.80 per PLUS.

Investors will be fully exposed to any index decline.

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

Issuer:	HSBC USA Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Topix
Amount:	$315,620
Maturity:	May 5, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at $12.80 per PLUS; exposure to any losses
Initial index level:	1,537.77
Pricing date:	Jan. 16
Settlement date:	Jan. 22
Agent:	HSBC Securities (USA) Inc. with Morgan Stanley Wealth Management handling distribution
Fees:	2.25%
Cusip:	40436A545

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