New Issue: HSBC prices $825,000 contingent buffered notes linked to Stoxx Europe 600

By Angela McDaniels

Tacoma, Wash., Nov. 4 – HSBC USA Inc. priced $825,000 of 0% contingent buffered notes due Dec. 13, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the knock-out level, 85% of the initial index level, the payout at maturity will be par plus 7.8%. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.

HSBC Securities (USA) Inc. is the underwriter with JPMorgan Chase Bank NA and J.P. Morgan Securities LLC as placement agents.

Issuer:	HSBC USA Inc.
Issue:	Contingent buffered notes
Underlying index:	Stoxx Europe 600
Amount:	$825,000
Maturity:	Dec. 13, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to knock-out level, 85% of initial index level, par plus 7.8%; otherwise, 1% loss for every 1% that final index level is less than initial index level
Initial index level:	340.8
Pricing date:	Oct. 28
Settlement date:	Nov. 1
Agent:	HSBC Securities (USA) Inc.
Fees:	1.04%
Cusip:	40433UZK5

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