New Issue: HSBC sells $2.09 million barrier digital return notes on Russell, Stoxx

By Susanna Moon

Chicago, Aug. 10 – HSBC USA Inc. priced $2.09 million 0% barrier digital return notes due Sept. 10, 2018 linked to the lesser performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying component closes at or above its 65% barrier level on each day during the life of the notes, the payout at maturity will be par plus the digital return of 7%.

Otherwise, investors will be fully exposed to the decline of the worse performing component.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Barrier digital return notes
Underlying indexes:	Russell 2000 index and Euro Stoxx 50 index
Amount:	$2,092,000
Maturity:	Sept. 10, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlying component never closes below barrier, par plus 7%; otherwise, full exposure to decline of worse performer
Initial levels:	988.625 for Russell and 2,455.19 for Stoxx
Barrier levels:	1,412.321 for Russell and 3,507.41 for Stoxx, 70% of initial levels
Pricing date:	Aug. 4
Settlement date:	Aug. 9
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40435FEB9

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