New Issue: HSBC prices $4.05 million trigger performance notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., March 20 – HSBC USA Inc. priced $4.05 million of 0% trigger performance securities due Sept. 24, 2019 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 of $10 plus 160% of the index return. Investors will receive par if the index falls by up to 30% and will be fully exposed to losses from the initial level if it falls by more than 30%.

HSBC Securities (USA) Inc. is the underwriter with UBS Financial Services Inc. as agent.

Issuer:	HSBC USA Inc.
Issue:	Trigger performance securities
Underlying index:	Euro Stoxx 50
Amount:	$4.05 million
Maturity:	Sept. 24, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 160% of index return; par if index falls by up to 30%; full exposure to losses from initial level if index falls by more than 30%
Initial level:	3,668.52
Trigger level:	2,567.96, 70% of initial level
Pricing date:	March 18
Settlement date:	March 23
Underwriter:	HSBC Securities (USA) Inc.
Agent:	UBS Financial Services Inc.
Fees:	2.75%
Cusip:	40434G809

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