HSBC plans three-year buffered uncapped notes linked to three indexes

By Angela McDaniels

Tacoma, Wash., June 7 – HSBC USA Inc. plans to price 0% Buffered Uncapped Market Participation Securities due June 28, 2019 linked to a basket consisting of the S&P 500 index with a 50% weight, the Euro Stoxx 50 index with a 30% weight and the Russell 2000 index with a 20% weight, according to an FWP filing with the Securities and Exchange Commission.

If the basket return is greater than zero, the payout at maturity will be par plus 110% of the basket return. Investors will receive par if the basket falls by 10% or less and will lose 1% for every 1% that the basket declines beyond 10%.

HSBC Securities (USA) Inc. is the underwriter.

The notes will price June 27.

The Cusip number is 40433UPC4.

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