New Issue: HSBC sells $2.8 million leveraged performance notes on HSBC Vantage5

By Sarah Lizee

Olympia, Wash., Oct. 22 – HSBC USA Inc. priced $2.8 million of 0% leveraged performance notes due Oct. 23, 2023 linked to the HSBC Vantage5 Index (USD) Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2.6 times any index gain. If the index falls, the payout will be par.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Leveraged performance notes
Underlying index:	HSBC Vantage5 Index (USD) Excess Return
Amount:	$2.8 million
Maturity:	Oct. 23, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2.6 times any index gain; if the index falls, par
Initial level:	146.411
Pricing date:	Oct. 18
Settlement date:	Oct. 23
Agent:	HSBC Securities (USA) Inc.
Fees:	2.5%
Cusip:	40435F5R4

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