New Issue: HSBC sells $247,000 barrier enhanced participation notes on energy fund

By Marisa Wong

Morgantown, W.Va., Aug. 31 – HSBC USA Inc. priced $247,000 of 0% barrier enhanced participation notes due Sept. 3, 2019 linked to the Energy Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.3 times any fund gain. Investors will receive par if the fund falls by up to 25% and will be fully exposed to losses from the initial level if the fund falls by more than 25%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Barrier enhanced participation notes
Underlying fund:	Energy Select Sector SPDR fund
Amount:	$247,000
Maturity:	Sept. 3, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.3 times any fund gain; par if fund falls by up to 25%; full exposure to losses from initial level if fund falls by more than 25%
Initial price:	$61.26
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Agent:	HSBC Securities (USA) Inc.
Fees:	0.25%
Cusip:	40433B5A2

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