New Issue: HSBC prices $2.05 million buffered uncapped notes tied to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 29 – HSBC USA Inc. priced $2.05 million of 0% buffered uncapped market participation securities due July 30, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus the index return. Investors will receive par if the index falls by 19% or less and will lose 1% for every 1% that the index declines beyond 19%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Buffered uncapped market participation securities
Underlying index:	Euro Stoxx 50
Amount:	$2,048,000
Maturity:	July 30, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; par if index falls by up to 19%; 1% loss for every 1% that index declines beyond 19%
Initial index level:	3,220.07
Pricing date:	July 24
Settlement date:	July 29
Underwriter:	HSBC Securities (USA) Inc.
Fees:	3.55%
Cusip:	40433BGK8

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