New Issue: HSBC prices $7.29 million market-linked notes on SPDR Euro Stoxx 50 ETF

By Susanna Moon

Chicago, April 29 – HSBC USA Inc. priced $7.29 million of 0% market-linked notes due April 30, 2021 linked to the SPDR Euro Stoxx 50 exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any fund gain, up to a maximum return of 61.5%.

If the index falls, the payout will be par plus the return, with a minimum payout of 95% of par.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Market-linked notes
Underlying fund: SPDR Euro Stoxx 50 ETF
Amount:	$7,287,000
Maturity:	April 30, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, up to cap of 61.5%; if index falls, par plus return with floor of 95% of par
Initial level:	$34.75
Pricing date:	April 27
Settlement date:	April 29
Agent:	HSBC Securities (USA) Inc.
Fees:	3%
Cusip:	40433ULF1

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