By Jennifer Chiou
New York, May 28 - HSBC USA Inc. priced $4.13 million of 0% barrier leveraged tracker notes due Nov. 29, 2017 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 plus 1.55 times any index gain.
Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 25% barrier level.
HSBC Securities (USA) Inc. is the agent.
| Issuer: | HSBC USA Inc.
|
| Issue: | Barrier leveraged tracker notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $4.13 million
|
| Maturity: | Nov. 29, 2017
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 155% of any index gain; par if index falls by up to 25%; full exposure to any losses if index finishes below barrier level
|
| Initial level: | 3,203.28
|
| Pricing date: | May 23
|
| Settlement date: | May 29
|
| Agent: | HSBC Securities (USA) Inc.
|
| Fees: | Up to 1.25%
|
| Cusip: | 40432XYR6
|
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