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Published on 10/30/2015 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $85,000 barrier market participation notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 30 – HSBC USA Inc. priced $85,000 of 0% barrier market participation notes due Oct. 30, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus the index return. Investors will receive par if the index falls by 30% or less and will be fully exposed to the index’s decline if it falls by more than 30%.

HSBC Securities (USA) Inc. is the agent.

Issuer:HSBC USA Inc.
Issue:Barrier market participation notes
Underlying index:Euro Stoxx 50
Amount:$85,000
Maturity date:Oct. 30, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain; if index falls by up to 30%, par; if index falls by more than 30%, full exposure to losses
Initial level:3,381.01
Pricing date:Oct. 27
Settlement date:Oct. 30
Agent:HSBC Securities (USA) Inc.
Fees:None
Cusip:40433UBG0

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