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Published on 10/11/2016 in the Prospect News Structured Products Daily.

New Issue: HSBC sells $4.76 million Leveraged Index Return Notes tied to three indexes

By Wendy Van Sickle

Columbus, Ohio, Oct. 11 – HSBC USA Inc. sold $4.76 million of 0% Leveraged Index Return Notes due Sept. 27, 2019 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket will be comprised of the S&P 500 index with a 33.34% weight, the Euro Stoxx 50 index with a 33.33% weight and the MSCI Emerging Markets index with a 33.33% weight.

The payout at maturity will be par of $10 plus 156% of any basket gain.

Investors will be fully exposed to any decline in the basket.

BofA Merrill Lynch is the agent.

Issuer:HSBC USA Inc.
Issue:Leveraged Index Return Notes
Underlying indexes:S&P 500 with a 33.34% weight, Euro Stoxx 50 with a 33.33% weight, MSCI Emerging Markets with a 33.33% weight
Amount:$4,763,000
Maturity:Sept. 27, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 156% of any basket gain; full exposure to any decline in basket
Initial levels:2,150.49 for S&P, 3,029.50 for Stoxx, 915.61 for MSCI EM
Pricing date:Oct. 4
Settlement date:Oct. 11
Agent:BofA Merrill Lynch
Fees:2.25%
Cusip:40435B726

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