New Issue: HSBC prices $2.28 million barrier digital notes linked to Dow, Russell, Nasdaq

By Wendy Van Sickle

Columbus, Ohio, Dec. 22 – HSBC USA Inc. priced $2.28 million of 0% barrier digital notes due Dec. 26, 2024 linked to the Dow Jones industrial average, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the least performing index is greater than or equal to negative 30%, the payout at maturity will be par plus 7%.

If the return of the least performing index is less than negative 30%, investors will lose 1% for every 1% that the least performing index declines from its initial level.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Barrier digital notes
Underlying indexes:	Dow Jones industrial average, Russell 2000 index and Nasdaq-100 index
Amount:	$2,276,000
Maturity:	Dec. 26, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If return of least performing index is greater than or equal to negative 30%, par plus 7%; otherwise, exposure to decline of least performing index
Initial levels:	37,306.02 for Dow, 1,982.417 for Russell and 16,729.8 for Nasdaq
Barrier levels:	70% of initial levels
Pricing date:	Dec. 18
Settlement date:	Dec. 21
Agent:	HSBC Securities (USA) Inc.
Fees:	2%
Cusip:	40447ATQ7

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