New Issue: HSBC prices $4.27 million Leveraged Index Return Notes tied to Euro Stoxx 50

By William Gullotti

Buffalo, N.Y., Nov. 29 – HSBC USA Inc. priced $4.27 million of 0% Leveraged Index Return Notes due Nov. 26, 2027 linked to the Euro Stoxx 50 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 153.7% of the index return.

Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

BofA Securities, Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Leveraged Index Return Notes
Underlying index:	Euro Stoxx 50 index
Amount:	$4,268,670
Maturity:	Nov. 26, 2027
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 153.7% of any index gain; par if index declines by 20% or less; 1% loss for every 1% that index declines beyond 20%
Initial level:	3,929.9
Threshold level:	3,143.92; 80% of initial level
Pricing date:	Nov. 22
Settlement date:	Nov. 30
Agent:	BofA Securities, Inc.
Fees:	2.5%
Cusip:	40439N130

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