New Issue: HSBC sells $1.28 million market-linked notes tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Nov. 7 – HSBC USA Inc. priced $1.28 million of 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due Nov. 3, 2022 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 200% of any index gain, subject to a maximum cap of 116%.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	Euro Stoxx 50
Amount:	$1,278,000
Maturity:	Nov. 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, return capped at 116%; par if index falls by up to 20%; 1% loss for every 1% decline beyond 20%
Initial index level:	3,673.95
Pricing date:	Oct. 31
Settlement date:	Nov. 3
Agent:	HSBC Securities (USA) Inc.
Fees:	4.5%
Cusip:	40435FHV2

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