New Issue: HSBC prices $13.23 million Mitts linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 28 – HSBC USA Inc. priced $13.23 million of 0% Market Index Target-Term Securities due July 30, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 120% of the index return, subject to a maximum payout of $28.60 per $10.00 principal amount of notes. If the index return is zero or negative, the payout will be par.

BofA Merrill Lynch is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Market Index Target-Term Securities
Underlying index:	Euro Stoxx 50
Amount:	$13,233,610
Maturity:	July 30, 2021
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If index return is positive, par plus 120% of index return, subject to maximum payout of $28.60 per $10.00 principal amount of notes; if index return is zero or negative, par
Initial index level:	3,220.07
Final index level: Average of index's closing levels on five trading days ending July 27, 2021
Pricing date:	July 24
Settlement date:	July 31
Underwriter:	BofA Merrill Lynch
Fees:	2.5%
Cusip:	40434C188

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