New Issue: HSBC prices $907,500 PLUS linked to Euro Stoxx 50 index

By Wendy Van Sickle

Columbus, Ohio, April 9 – HSBC USA Inc. priced $907,500 of 0% Performance Leveraged Upside Securities due May 5, 2020 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 return of 28%. If the index return is negative, investors will be exposed to the decline.

HSBC Securities (USA) Inc. is the agent with Morgan Stanley Wealth Management acting as distributor.

Issuer:	HSBC USA Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$907,500
Maturity:	May 5, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to 28% maximum return; full exposure to any index decline
Initial level:	3,351.71
Pricing date:	March 29
Settlement date:	April 3
Agent:	HSBC Securities (USA) Inc.
Dealer:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	40436A123

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