New Issue: HSBC prices $6.31 million autocallable Stars linked to Nasdaq-100

By Wendy Van Sickle

Columbus, Ohio, April 16 – HSBC USA Inc. priced $6.31 million of autocallable Strategic Accelerated Redemption Securities due April 24, 2026 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a premium if the closing level of the index is greater than or equal to its starting value on any annual observation date, including maturity. The call premium will be 12.45% per year.

If the notes are not called, investors will be fully exposed to the decline of the index.

BofA Securities, Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Autocallable Strategic Accelerated Redemption Securities
Underlying index:	Nasdaq-100 index
Amount:	$6,309,630
Maturity:	April 24, 2026
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If not called, 1% loss for each 1% decline from initial level
Call:	Notes will be called at par plus a premium if the closing level of the index is greater than or equal to its starting value on any annual observation date including maturity; call premium will be 12.45% per year
Initial level:	18,307.98
Pricing date:	April 11
Settlement date:	April 18
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	40443V201

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