New Issue: HSBC sells $497,000 buffered uncapped market notes tied to index basket

By Susanna Moon

Chicago, Oct. 1 – HSBC USA Inc. priced $497,000 of 0% buffered uncapped market participation securities due Sept. 30, 2019 linked to a basket of equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying components are the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index.

The payout at maturity will be par plus any basket gain.

Investors will receive par if the basket falls by 15% or less and will lose 1% for every 1% decline beyond 15%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered uncapped market participation securities
Underlying indexes:	Russell 2000, S&P 500, Euro Stoxx 50, equally weighted
Amount:	$497,000
Maturity date:	Sept. 30, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain; par if basket falls by up to 15%; 1% loss for every 1% drop beyond 15%
Initial levels:	1,122.789 for Russell, 1,931.34 for S&P and 3,113.16 for Euro Stoxx
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	HSBC Securities (USA) Inc.
Fees:	2%
Cusip:	40433B7J1

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