New Issue: HSBC prices $113,000 Bumps linked to AI Powered US Equity Adjusted index

By Angela McDaniels

Tacoma, Wash., May 4 – HSBC USA Inc. priced $113,000 of 0% Buffered Uncapped Market Participation Securities due June 3, 2027 linked to the AI Powered US Equity Adjusted Total Return index, 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 197% of the index return. Investors will receive par if the index declines by up to 20% and will lose 1% for every 1% that it declines beyond 20%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Uncapped Market Participation Securities
Underlying indexes:	AI Powered US Equity Adjusted Total Return index
Amount:	$113,000
Maturity:	June 3, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than zero, par plus 197% of index return; par if index declines by up to 20%; otherwise, 1% loss for every 1% that index declines beyond 20%
Initial level:	5,873.00
Buffer level:	80% of initial level
Pricing date:	May 31, 2022
Settlement date:	June 3, 2022
Agent:	HSBC Securities (USA) Inc.
Fees:	0.75%
Cusip:	40439J2R5

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