New Issue: HSBC sells $864,380 three-year trigger gears linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., Sept. 17 – HSBC USA Inc. priced $864,380 of 0% trigger gears due Aug. 31, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.115times any index gain.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% downside threshold level.

UBS Financial Services Inc. and HSBC Securities (USA) Inc. are the agents.

Issuer:	HSBC USA Inc.
Issue:	Trigger gears
Underlying index:	Russell 2000
Amount:	$864,380
Maturity:	Aug. 31, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.115 times any index gain; par if index falls by up to 25% and full exposure to any losses if index finishes below downside threshold
Initial level:	1,728.422
Downside threshold:	1,296.317, 75% of initial level
Pricing date:	Aug. 28
Settlement date:	Aug. 31
Agents:	UBS Financial Services Inc. and HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40435X611

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