New Issue: HSBC sells $955,000 barrier digital return notes on three indexes

By Sarah Lizee

Olympia, Wash., June 18 – HSBC USA Inc. priced $955,000 of 0% barrier digital return notes due July 20, 2020 linked to the least performing of the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying index closes at or above its 70% barrier level on each day during the life of the notes, the payout at maturity will be par plus the digital return of 9%.

Otherwise, investors will be fully exposed to the decline of the worst performing component.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Barrier digital return notes
Underlying indexes:	Dow Jones industrial average, Nasdaq-100 index, Russell 2000 index
Amount:	$955,000
Maturity:	July 20, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlying index always closes at or above its barrier level, par plus 9%; otherwise, full exposure to any losses of worst performing index
Initial levels:	26,089.61 for Dow, 7,479.111 for Nasdaq and 1,522.499 for Russell
Barrier levels:	18,262.73 for Dow, 5,235.378 for Nasdaq and 1,065.749 for Russell, 70% of initial levels
Pricing date:	June 14
Settlement date:	June 19
Agent:	HSBC Securities (USA) Inc.
Fees:	0.375%
Cusip:	40435UQM9

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