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Published on 6/29/2015 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $2.54 million leveraged buffered market notes on Euro Stoxx

By Susanna Moon

Chicago, June 29 – HSBC USA Inc. priced $2.54 million of 0% leveraged buffered uncapped market participation securities due Dec. 30, 2019 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 1.11 times 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:$2,544,000
Maturity date:Dec. 30, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.11 times any index gain; par if index falls by up to 15%; 1% loss for every 1% drop beyond 15%
Initial level:3,610.91
Buffer level:85% of initial level
Pricing date:June 25
Settlement date:June 30
Agent:HSBC Securities (USA) Inc.
Fees:3.05%
Cusip:40433BY93

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