New Issue: HSBC prices $1.35 million leveraged buffered notes linked to MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Oct. 12 – HSBC USA Inc. priced $1.35 million of 0% leveraged buffered capped notes due Dec. 12, 2018 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 150% of the index return, up to a maximum return of 27%. Investors will receive par if the index falls by 15% or less and will lose 1.1765% for every 1% that it may decline beyond 15%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered capped notes
Underlying index:	MSCI EAFE
Amount:	$1,353,000
Maturity:	Dec. 12, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, up to maximum return of 27%; par if index falls by 15% or less; 1.1765% loss for every 1% that index may decline beyond 15%
Initial index level:	1,688.40
Pricing date:	Oct. 7
Settlement date:	Oct. 17
Underwriters:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40433UXK7

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