New Issue: HSBC sells $3.28 million leveraged buffered uncapped notes on Stoxx 50

By Marisa Wong

Morgantown, W.Va., Jan. 29 – HSBC USA Inc. priced $3,278,000 of 0% leveraged buffered uncapped market participation securities due Jan. 26, 2023 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.65 times any index gain.

Investors will receive par if the index falls by up to 25% and will lose 1% for each 1% decline beyond 25%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered uncapped market participation securities
Underlying index:	Euro Stoxx 50
Amount:	$3,278,000
Maturity:	Jan. 26, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.65 times any index gain; par if index falls by up to 25%; 1% loss for each 1% decline beyond 25%
Initial level:	3,649.07
Pricing date:	Jan. 19
Settlement date:	Jan. 26
Agent:	HSBC Securities (USA) Inc.
Fees:	3%
Cusip:	40435FPR2

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