New Issue: HSBC prices $21.45 million Leveraged Index Return Notes on Stoxx

By Wendy Van Sickle

Columbus, Ohio, Oct. 11 – HSBC USA Inc. priced $21.45 million of 0% Leveraged Index Return Notes due Sept. 24, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.6 times any index gain.

Investors will receive par if the index falls by up to 25% and will lose 1% for every 1% decline beyond 25%.

BofA Merrill Lynch is the agent.

Issuer:	HSBC USA Inc.
Issue:	Leveraged Index Return Notes
Underlying index:	Euro Stoxx 50
Amount:	$21,448,770
Maturity:	Sept. 24, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 160% of any index gain; par if index falls by up to 25%; 1% loss for every 1% decline beyond 25%
Initial value:	3,449.79
Threshold value:	2,587.34, 75% of initial value
Pricing date:	Sept. 27
Settlement date:	Oct. 4
Agent:	BofA Merrill Lynch
Fees:	2.25%
Cusip:	40435X389

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