New Issue: HSBC prices $22.33 million Accelerated Return Notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, June 1 – HSBC USA Inc. priced $22.33 million of 0% Accelerated Return Notes due July 28, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum payout of par plus 24.4%.

Investors will be exposed to any index decline.

BofA Securities, Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Accelerated Return Notes
Underlying index:	Euro Stoxx 50 index
Amount:	$22,333,380
Maturity:	July 28, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any index gain, capped at par plus 24.4%; full exposure to any index decline
Initial level:	3,740.31
Final level:	Average of closing levels on five trading days ending July 25, 2023
Pricing date:	May 26
Settlement date:	June 3
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	40390L529

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