New Issue: HSBC prices $1.83 million trigger PLUS tied to Amazon stock

By Wendy Van Sickle

Columbus, Ohio, Sept. 9 – HSBC USA Inc. priced $1.83 million of 0% trigger Performance Leveraged Upside Securities due Sept. 3, 2021 linked to the common shares of Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock return is positive, the payout at maturity will be par of $10 plus 200% of the stock return, capped at $13.12 per PLUS. Investors will receive par if the stock declines by 20% or less and will be fully exposed to the stock’s decline from its initial share price if it falls by more than 20%.

HSBC Securities (USA) Inc. is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:	HSBC USA Inc.
Issue:	Trigger Performance Leveraged Upside Securities
Underlying shares:	Amazon.com, Inc.
Amount:	$1,826,460
Maturity:	Sept. 3, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final share price is greater than initial share price, par plus 200% of stock return, capped at $13.12 per PLUS; if final share price is less than or equal to initial share price but greater than or equal to trigger price, par; if final share price is less than trigger price, exposure to decline from initial share price
Initial share price:	$1,776.29
Trigger level:	$1,421.03, 80% of initial share price
Pricing date:	Aug. 30
Settlement date:	Sept. 5
Agent:	HSBC Securities (USA) Inc.
Distribution:	Morgan Stanley Wealth Management
Fees:	2.5%
Cusip:	40436B196

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