New Issue: HSBC prices $50,000 autocallable barrier notes linked to Nasdaq, Russell, Dow

New York, May 4 – HSBC USA Inc. priced $50,000 of 0% autocallable barrier notes with step-up premium due June 3, 2025 linked to the Nasdaq-100 index, Russell 2000 index and Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called automatically starting on May 31, 2023 and on any subsequent observation date at a premium of 13.75% per year.

The payout at maturity will be par if the worst performing index finishes at or above its 70% barrier. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the barrier level.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Autocallable barrier notes with step-up premium
Underlying indexes:	Nasdaq-100 index, Russell 2000 index and Dow Jones industrial average
Amount:	$50,000
Maturity:	June 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index finishes at or above barrier level par; 1% loss for every 1% that worst performing index declines if it ends below the barrier level
Initial levels:	32,990.12 for Dow Jones industrial average, 12,642.10 for Nasdaq-100, 1,864.043 for Russell 2000
Barrier levels:	23,093.084 for Dow Jones industrial average, 8,849.47 for Nasdaq-100, 1,304.8301 for Russell 2000, 70% of initial level
Call:	Automatically starting on May 31, 2023 and on any subsequent observation date at a premium of 13.75% per year
Pricing date:	May 31, 2022
Settlement date:	June 3, 2022
Agent:	HSBC Securities (USA) Inc.
Fees:	0%
Cusip:	40439J2X2

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