New Issue: HSBC prices $20,000 growth opportunity notes linked to HSBC Vantage+ index

Chicago, Oct. 2 – HSBC USA Inc. priced $20,000 of 0% growth opportunity notes due Sept. 30, 2025 linked to the HSBC Vantage+ Index (USD) Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus 210% of the index return. If the index return is less than or equal to zero, the payout will be par.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Growth opportunity notes
Underlying indexes:	HSBC Vantage+ Index (USD) Excess Return
Amount:	$20,000
Maturity:	Sept. 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than zero, par plus 210% of index return; if index return is less than or equal to zero, par
Initial level:	200.15
Pricing date:	Sept. 27, 2022
Settlement date:	Sept. 30, 2022
Agent:	HSBC Securities (USA) Inc.
Fees:	2%
Cusip:	40441XKU3

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