New Issue: HSBC prices $7.54 million trigger autocallables linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Aug. 3 – HSBC USA Inc. priced $7.54 million of 0% trigger autocallable optimization securities due July 31, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Beginning July 27, 2016, the notes will be called at par of $10 plus a call return of 8% per year if the index closes at or above the initial level on any quarterly observation date.

If the notes are not called and the index finishes at or above the trigger level, 65.5% of the initial index level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial level.

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

Issuer:	HSBC USA Inc.
Issue:	Trigger autocallable optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$7,539,670
Maturity:	July 31, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than or equal to trigger level, par; otherwise, full exposure to losses
Call option:	Beginning July 27, 2016, automatically at par plus 8% per year if index closes at or above initial level on any quarterly observation date
Initial index level:	3,575.53
Trigger level:	2,341.97, 65.5% of initial level
Pricing date:	July 29
Settlement date:	July 31
Underwriter:	HSBC Securities (USA) Inc.
Agent:	UBS Financial Services Inc.
Fees:	2%
Cusip:	40434E739

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