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Published on 4/29/2015 in the Prospect News Structured Products Daily.

New Issue: HSBC prices $4.46 million leveraged buffered notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., April 29 – HSBC USA Inc. priced $4.46 million of 0% leveraged buffered uncapped market participation securities due Oct. 30, 2019 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 105% 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:$4,455,000
Maturity:Oct. 30, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 105% 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:3,771.45
Pricing date:April 27
Settlement date:April 30
Underwriter:HSBC Securities (USA) Inc.
Fees:3.05%
Cusip:40433BL55

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