New Issue: HSBC prices $4.99 million trigger jump notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Aug. 18 – HSBC USA Inc. priced $4.99 million of 0% trigger jump securities due Aug. 20, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par of $10 plus the greater of the index return and the upside payment of $4.25 per note.

Investors will receive par if the index falls by up to 40% and will be fully exposed to the index’s decline from the initial level if it falls by more than 40%.

HSBC Securities (USA) Inc. is the agent. Morgan Stanley Wealth Management will handle distribution.

Issuer:	HSBC USA Inc.
Issue:	Trigger jump securities
Underlying index:	Euro Stoxx 50
Amount:	$4,992,160
Maturity:	Aug. 20, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is zero or positive, greater of index return and $4.25 per $10 note; par if index falls by up to 40%; full exposure to losses if index falls by more than 40%
Initial level:	3,033.52
Downside threshold:	1,820.11, 60% of initial level
Pricing date:	Aug. 15
Settlement date:	Aug. 20
Agent:	HSBC Securities (USA) Inc. with Morgan Stanley Wealth Management as dealer
Fees:	3%
Cusip:	40434D608

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