New Issue: HSBC prices $1 million digital barrier notes linked to Amazon stock

Chicago, Feb. 22 – HSBC USA Inc. priced $1 million of 0% digital barrier notes due May 9, 2023 linked to the common stock of Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock ends at or above 50% of its initial level, the payout at maturity will be par plus 5.25%.

Otherwise, investors will lose 1% for every 1% that the stock declines from initial level.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Digital barrier notes
Underlying stock:	Amazon.com, Inc.
Amount:	$1 million
Maturity:	May 9, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If stock finishes at or above barrier level, par plus 5.25% digital return; otherwise, 1% loss for every 1% that stock declines from initial level
Initial level:	2,485.07
Digital payment:	5.25%
Barrier level:	50% of initial level
Pricing date:	May 3, 2022
Settlement date:	May 6, 2022
Agent:	HSBC Securities (USA) Inc.
Fees:	1%
Cusip:	40439J3V5

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