New Issue: HSBC prices $578,000 leveraged buffered notes linked to Euro Stoxx 50

By Marisa Wong

Madison, Wis., March 25 – HSBC USA Inc. priced $578,000 of 0% leveraged buffered uncapped market participation securities due Sept. 26, 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 112% of the index return. Investors will receive par if the index falls by 15% or less and will lose 1% for every 1% that the index declines beyond 15%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered uncapped market participation securities
Underlying index:	Euro Stoxx 50
Amount:	$578,000
Maturity:	Sept. 26, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 112% of any index gain; par if index falls by up to 15%; 1% loss for every 1% that index declines beyond 15%
Initial index level:	3,699.04
Pricing date:	March 23
Settlement date:	March 26
Underwriter:	HSBC Securities (USA) Inc.
Fees:	0.55%
Cusip:	40433BD88

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