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Published on 8/27/2014 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $88,000 buffered uncapped market notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Aug. 27 – HSBC USA Inc. priced $88,000 of 0% buffered uncapped market participation securities due Aug. 29, 2019 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 1.4 times any gain in the index.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

HSBC Securities (USA) Inc. is the agent.

Issuer:HSBC USA Inc.
Issue:Buffered uncapped market participation securities
Underlying index:Euro Stoxx 50
Amount:$88,000
Maturity date:Aug. 29, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 140% of any index gain; par if index falls by up to 20%; 1% loss for every 1% drop beyond 20%
Initial index level:3,098.50
Pricing date:Aug. 22
Settlement date:Aug. 29
Agent:HSBC Securities (USA) Inc.
Fees:3%
Cusip:40433BHQ4

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