New Issue: HSBC sells $706,000 buffered digital notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., April 11 – HSBC USA Inc. priced $706,000 of 0% buffered digital notes due March 29, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.

If the index finishes at or above 85% of its initial level, the payout at maturity will be par plus 21.5%.

If the index falls by more than 15%, investors will lose 1% for each 1% decline beyond 15%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered digital notes
Underlying index:	Euro Stoxx 50
Amount:	$706,000
Maturity:	March 29, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above 85% of its initial level, par plus21.5%; 1% loss for each 1% decline beyond 10%
Initial level:	3,278.72
Pricing date:	March 26
Settlement date:	March 29
Agent:	HSBC Securities (USA) Inc.
Fees:	2.8%
Cusip:	40435FVS3

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