New Issue: HSBC prices $33.45 million Capped Leveraged Index Return Notes tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Dec. 29 – HSBC USA Inc. priced $33.45 million of 0% Capped Leveraged Index Return Notes due Dec. 23, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 28.6%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

BofA Merrill Lynch is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Euro Stoxx 50
Amount:	$33,453,330
Maturity:	Dec. 23, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any index gain, up to a maximum return of 28.6%; par if the index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial level:	3,570.78
Threshold level:	3,213.70, 90% of initial level
Final level:	Average of index closing levels on five averaging dates ending Dec. 18, 2019
Pricing date:	Dec. 21
Settlement date:	Dec. 29
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	40435J869

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