New Issue: HSBC prices $1.5 million lookback allocator notes on three indexes

By Jennifer Chiou

New York, Dec. 30 – HSBC USA Inc. priced $1.5 million of 0% lookback allocator notes due Oct. 2, 2019 linked to the S&P 500 index, the Euro Stoxx 50 index and the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 60% of the return of the best-performing index, 30% of the return of the second-best-performing index and 10% of the return of the worst-performing index. The notes are not principal protected, so the payout could be less than par.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Lookback allocator notes
Underlying indexes:	S&P 500, Euro Stoxx 50 and Hang Seng China Enterprises
Amount:	$1.5 million
Maturity:	Oct. 2, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 60% of return of best-performing index, 30% of return of second-best-performing index and 10% of return of worst-performing index
Initial index levels:	2,090.57 for S&P 500; 3,185.17 for Euro Stoxx 50; 12,019.75 for Hang Seng China Enterprises
Pricing date:	Dec. 29
Settlement date:	Jan. 2
Underwriter:	HSBC Securities (USA) Inc.
Fees:	2%
Cusip:	40433BWD6

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