New Issue: HSBC prices $868,000 leveraged buffered market participation notes on Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Nov. 24 – HSBC USA Inc. priced $868,000 of 0% leveraged buffered uncapped market participation securities due Nov. 27, 2017 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 110% of any gain in the index.

Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered uncapped market participation securities
Underlying index:	Euro Stoxx 50
Amount:	$868,000
Maturity date:	Nov. 27, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.1 times any index gain; par if index falls by up to 15%; 1% loss for every 1% drop beyond 15%
Initial index level:	3,102.21
Buffer level:	85% of initial level
Pricing date:	Nov. 20
Settlement date:	Nov. 25
Agent:	HSBC Securities (USA) Inc.
Fees:	0.5%
Cusip:	40433BSS8

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