New Issue: HSBC sells $2.63 million leveraged buffered notes linked to Euro Stoxx

By Devika Patel

Knoxville, Tenn., May 8 – HSBC USA Inc. priced $2.63 million of 0% leveraged buffered uncapped market participation securities due May 11, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.9 times any index gain.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered uncapped market participation securities
Underlying index:	Euro Stoxx 50
Amount:	$2,631,000
Maturity:	May 11, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.9 times any index gain; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial level:	3,627.88
Buffer level:	90% of initial level
Pricing date:	May 4
Settlement date:	May 9
Agent:	HSBC Securities (USA) Inc.
Fees:	2.75%
Cusip:	40433U5D4

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