New Issue: HSBC prices $3.33 million 5.15% buffered notes linked to Russell 2000, iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Nov. 29 – HSBC USA Inc. priced $3.33 million of 5.15% buffered notes with fixed coupons due May 29, 2018 linked to the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the lesser-performing underlier is greater than or equal to negative 22.5%, the payout at maturity will be par. Otherwise, investors will lose 1.2903% for every 1% that the lesser-performing underlier declines beyond 22.5%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Buffered notes with fixed coupons
Underliers:	Russell 2000 index and iShares MSCI EAFE ETF
Amount:	$3,325,000
Maturity:	May 29, 2018
Coupon:	5.15%, payable monthly
Price:	Par
Payout at maturity:	If return of lesser-performing underlier is greater than or equal to negative 22.5%, par; otherwise, 1.2903% loss for every 1% that lesser-performing underlier declines beyond 22.5%
Initial levels:	1,334.341 for index and $56.82 for ETF
Pricing date:	Nov. 22
Settlement date:	Nov. 28
Underwriter:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40433UA63

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