New Issue: HSBC prices $1.08 million buffered uncapped market participation notes on Russell 2000

New York, June 29 – HSBC USA Inc. priced $1.08 million of 0% buffered uncapped market participation securities due June 30, 2021 tied to the Russell 2000 Index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 100% of the index return. Investors will receive par if the index falls by up to 20% and lose 1% for every 1% decline in the index beyond 20%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Buffered uncapped market participation securities
Underlying index:	Russell 2000 Index
Amount:	$1,078,000
Maturity:	June 30, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 100% of the index return; par if index falls by up to 20%; 1% loss for every 1% decline in index beyond 20%
Initial index level:	1,089.646
Pricing date:	June 27
Settlement date:	June 30
Underwriters:	HSBC Securities (USA) Inc.
Fees:	3.75%
Cusip:	40433UNN2

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