New Issue: HSBC prices $270,000 barrier market participation notes on Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Dec. 7 – HSBC USA Inc. priced $270,000 of 0% barrier market participation notes due Nov. 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 105% of the index return. Investors will receive par if the index falls by 25% or less and will be fully exposed to the index’s decline if it falls by more than 25%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Barrier market participation notes
Underlying index:	Euro Stoxx 50
Amount:	$270,000
Maturity date:	Nov. 30, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 105% of any index gain; if index falls by up to 30%, par; if index falls by more than 30%, full exposure to losses
Initial level:	3,409.60
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Agent:	HSBC Securities (USA) Inc.
Fees:	0.25%
Cusip:	40433UCT1

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