New Issue: HSBC sells $55.48 million Leveraged Index Return Notes tied to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Feb. 23 – HSBC USA Inc. sold $55.48 million of 0% Leveraged Index Return Notes due Feb. 26, 2021 linked to the Euro Stoxx 50, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 136.1% of any index gain.

Investors will receive par if the index declines up to 25% and will be exposed to declines in the index beyond 25%.

BofA Merrill Lynch is the agent.

Issuer:	HSBC USA Inc.
Issue:	Leveraged Index Return Notes
Underlying index:	Euro Stoxx 50
Amount:	$55,482,590
Maturity:	Feb. 26, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 136.1% of any index gain; par if index falls by up to 25% and exposure to declines in the index beyond 25%
Initial level:	3,431.99
Threshold level:	2,573.99, 75% of the initial level
Pricing date:	Feb. 22
Settlement date:	March 1
Agent:	BofA Merrill Lynch
Fees:	2.25%
Cusip:	40435J398

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