New Issue: HSBC prices $6.49 million trigger PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Aug. 4 – HSBC USA Inc. priced $6.49 million of 0% trigger Performance Leveraged Upside Securities due Aug. 3, 2018 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 800% of the index return, subject to a 42.2% maximum return. Investors will receive par if the index declines by 10% or less and will be fully exposed to the index’s decline from its initial level if it falls by more than 10%.

HSBC Securities (USA) Inc. is the agent. Morgan Stanley Smith Barney LLC is handling distribution.

Issuer:	HSBC USA Inc.
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$6,494,080
Maturity:	Aug. 3, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus eight times index return, subject to 42.2% maximum return; par if final index level is less than or equal to initial level but greater than trigger level; full exposure to index’s decline from initial level if final level is less than trigger level
Initial index level:	3,600.69
Trigger level:	3,240.62, 90% of the initial price
Pricing date:	July 31
Settlement date:	Aug. 5
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	3%
Cusip:	40434E663

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