New Issue: HSBC prices $2 million buffered uncapped market participation notes on Euro Stoxx 50

By Jennifer Chiou

New York, May 28 - HSBC USA Inc. priced $2 million of 0% buffered uncapped market participation securities due May 29, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the index.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered uncapped market participation securities
Underlying index:	Euro Stoxx 50
Amount:	$2,003,000
Maturity date:	May 29, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; par if index falls by up to 20%; 1% loss for every 1% drop beyond 20%
Initial index level:	3,187.63
Pricing date:	May 22
Settlement date:	May 28
Agent:	HSBC Securities (USA) Inc.
Fees:	3.5%
Cusip:	40433BAU2

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