New Issue: HSBC sells $364,000 buffered uncapped market notes tied to index basket

By Marisa Wong

Morgantown, W.Va., June 3 – HSBC USA Inc. priced $364,000 of 0% buffered uncapped market participation securities due May 31, 2019 linked to a basket of unequally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying components are the Russell 2000 index with a 20% weight, the S&P 500 index with a 50% weight and the Euro Stoxx 50 index with a 30% weight.

The payout at maturity will be par plus 1.15 times any basket gain.

Investors will receive par if the basket falls by 10% or less and will lose 1% for every 1% decline beyond 10%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered uncapped market participation securities
Underlying indexes:	Russell 2000 (20% weight), S&P 500 (50% weight), Euro Stoxx 50 (30% weight)
Amount:	$364,000
Maturity:	May 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.15 times any basket gain; par if basket falls by up to 10%; 1% loss for every 1% drop beyond 10%
Initial levels:	1,141.024 for Russell, 2,090.54 for S&P and 3,061.60 for Euro Stoxx
Pricing date:	May 25
Settlement date:	May 31
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40433UMP8

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