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Published on 9/11/2017 in the Prospect News Structured Products Daily.

New Issue: HSBC sells $4.58 million 15-month PLUS linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Sept. 11 – HSBC USA Inc. priced $4.58 million of 0% Performance Leveraged Upside Securities due Dec. 5, 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 300% of the index return, subject to a maximum payment of $12.06 per PLUS. Investors will lose 1% for each 1% index decline.

HSBC Securities (USA) Inc. is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:HSBC USA Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$4,580,110
Maturity:Dec. 5, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, capped at $12.06 per PLUS; 1% loss for each 1% index decline
Initial index level:3,421.47
Pricing date:Aug. 31
Settlement date:Sept. 6
Agent:HSBC Securities (USA) Inc. with Morgan Stanley Wealth Management handling distribution
Fees:2.25%
Cusip:40435G618

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