New Issue: HSBC prices $5.29 million leveraged buffered capped notes on EAFE index

By Wendy Van Sickle

Columbus, Ohio, April 25 – HSBC USA Inc. priced $5.29 million of 0% leveraged buffered capped notes due June 28, 2021 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.7 times any index gain, up to a maximum settlement amount of $1,274.89 per $1,000 principal amount.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered capped notes
Underlying INDEX:	MSCI EAFE index
Amount:	$5,285,000
Maturity:	June 28, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 170% of index return, subject to maximum settlement amount of $1,274.89 per $1,000 principal amount; par if index declines by 15% or less; 1.1765% loss for every 1% that index declines beyond 15%
Initial level:	1,921.89
Pricing date:	April 24
Settlement date:	May 1
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40435ULY8

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