New Issue: HSBC prices $15.02 million Leveraged Index Return Notes linked to Energy Select

By Angela McDaniels

Tacoma, Wash., Dec. 2 – HSBC USA Inc. priced $15.02 million of 0% Leveraged Index Return Notes due Nov. 18, 2022 linked to the Energy Select Sector index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 192% of the index return. If the index return is negative, investors will have one-to-one exposure to the decline.

BofA Securities, Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Leveraged Index Return Notes
Underlying index:	Energy Select Sector index
Amount:	$15,016,460
Maturity:	Nov. 18, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 192% of index return; if index return is negative, exposure to decline
Initial level:	594.51
Final level:	Average of index’s closing levels on five trading days ending Nov. 15, 2022
Pricing date:	Nov. 26
Settlement date:	Dec. 4
Agent:	BofA Securities, Inc.
Fees:	2.25%
Cusip:	40438B632

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