New Issue: HSBC prices $8.26 million market-linked notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Aug. 27 – HSBC USA Inc. priced $8.26 million of 0% market-linked notes due Aug. 30, 2019 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $1,000 plus any index gain, subject to a maximum return of 47%.

If the index return is less than or equal to zero, the payout will be par plus the index return, subject to a minimum payment of $950 per note.

HSBC Securities (USA) Inc. and UBS Financial Services Inc. are the agents.

Issuer:	HSBC USA Inc.
Issue:	Market-linked securities
Underlying index:	Euro Stoxx 50
Amount:	$8,255,000
Maturity:	Aug. 30, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus any index gain, capped at 47%; if index return is zero or negative, par plus index return, with floor of $950 per $1,000 note
Initial level:	3,165.47
Pricing date:	Aug. 25
Settlement date:	Aug. 28
Agents:	HSBC Securities (USA) Inc. and UBS Financial Services Inc.
Fees:	3.5%
Cusip:	40433BKW7

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