New Issue: HSBC prices $619,500 trigger step performance notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 30 – HSBC USA Inc. priced $619,500 of 0% trigger step performance securities due Oct. 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par of $10 plus the greater of the 39% step return and the index return. Investors will receive par if the index falls by up to 25% and will be fully exposed to losses from the initial level if it falls more than 25%.

HSBC Securities (USA) Inc. and UBS Financial Services Inc. are the agents.

Issuer:	HSBC USA Inc.
Issue:	Trigger step performance securities
Underlying index:	Euro Stoxx 50
Amount:	$619,500
Maturity:	Oct. 31, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is zero or positive, par plus greater of index return and 39%; par if index falls by 25% or less; full exposure to losses if index falls more than 25%
Initial level:	3,421.09
Trigger level:	2,565.82, 75% of initial level
Pricing date:	Oct. 28
Settlement date:	Oct. 30
Agents:	HSBC Securities (USA) Inc. and UBS Financial Services Inc.
Fees:	0.5%
Cusip:	40434K693

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