New Issue: HSBC sells $902,900 allocation securities linked to index basket

By Wendy Van Sickle

Columbus, Ohio, June 10 – HSBC USA Inc. priced $902,900 of 0% allocation securities due May 31, 2024 linked to a basket of the S&P 500 index, the iShares MSCI EAFE index and the iShares MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

The best performing of the indexes will be given a 65% weight, the index with the second-best performance will be weighted at 35%, and the lowest-performing index will not count toward the basket performance.

The payout at maturity will be par of $10 plus the basket return. The notes are not principal protected, so investors will receive less than par if that basket return is negative.

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

Issuer:	HSBC USA Inc.
Issue:	Allocation securities
Underlying basket:	S&P 500 index, iShares MSCI EAFE index and iShares MSCI Emerging Markets index; best performer will be given a 65% weight, second-best performer will be weighted at 35%
Amount:	$902,900
Maturity:	May 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the basket return, with full exposure to any losses
Initial levels:	2,783.02 for S&P, 1,828.23 for EAFE, 985.44 for EM
Pricing date:	May 29
Settlement date:	May 31
Agents:	HSBC Securities (USA) Inc. and UBS Financial Services Inc.
Fees:	3.5%
Cusip:	40436B790

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