New Issue: HSBC prices $14.67 million Accelerated Return Notes tied to MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, Feb. 3 – HSBC USA Inc. priced $14.67 million of 0% Accelerated Return Notes due March 25, 2022 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum payout of par plus 13.6%. Investors will be exposed to any index decline.

BofA Securities, Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Accelerated Return Notes
Underlying index:	MSCI EAFE
Amount:	$14,673,960
Maturity:	March 25, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at par plus 13.6%; full exposure to any index decline
Initial index level:	2,159.65
Final index level:	Average of index’s closing levels on five trading days ending March 22, 2022
Pricing date:	Jan. 28
Settlement date:	Feb. 4
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	40438Q134

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