New Issue: HSBC prices $9.74 million Leveraged Index Return Notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Dec. 24 – HSBC USA Inc. priced $9.74 million of 0% Leveraged Index Return Notes due Dec. 21, 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 20% weight, the S&P/ASX 200 index with a 7.5% weight, the Swiss Market index with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket return is positive, the payout at maturity will be par of $10 plus 160% of the basket return. If the basket return is negative, investors will be fully exposed to the decline.

BofA Merrill Lynch is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Leveraged Index Return Notes
Underlying indexes:	Euro Stoxx 50 (40% weight), FTSE 100 (20% weight), Nikkei 225 (20% weight), S&P/ASX 200 (7.5% weight), Swiss Market (7.5% weight) and Hang Seng (5% weight)
Amount:	$9,740,460
Maturity:	Dec. 21, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 160% of any basket gain; exposure to any index decline
Initial levels:	3,214.32 for Euro Stoxx 50, 6,083.10 for FTSE 100, 18,886.70 for Nikkei 225, 5,116.691 for S&P/ASX 200, 8,515.82 for Swiss Market and 21,830.02 for Hang Seng
Pricing date:	Dec. 22
Settlement date:	Dec. 30
Agent:	BofA Merrill Lynch
Fees:	2.25%
Cusip:	40434K420

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