New Issue: HSBC prices $8.25 million leveraged buffered capped basket-linked notes on indexes

By Wendy Van Sickle

Columbus, Ohio, June 29 – HSBC USA Inc. priced $8.25 million of leveraged buffered capped basket-linked notes due June 21, 2024, according to a 424B2 filed with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with a 11% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 1.7 times the basket return, subject to a maximum payout of par plus 51.884%.

Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.

HSBC Securities (USA) LLC is the distributor.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered capped basket-linked notes
Basket components:	Euro Stoxx 50 (36% weight), Topix (29% weight), FTSE 100 (16% weight), Swiss Market (11% weight) and S&P/ASX 200 (8% weight)
Amount:	$8,254,000
Maturity:	June 21, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, par plus 170% of the basket return, capped at 51.884%; par if the basket falls by up to 15%; 1.1765% loss for every 1% decline beyond 15%
Initial levels:	3,533.17 for Euro Stoxx, 1,866.72 for Topix, 7,208.81 for FTSE, 10,823.12 for Swiss Market, 6,578.697 for S&P/ASX
Pricing date:	June 24
Settlement date:	July 1
Agent:	HSBC Securities (USA) LLC
Fees:	None
Cusip:	40441XBR0

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