New Issue: HSBC prices $20.64 million Buffered PLUS linked to Euro Stoxx

By Marisa Wong

Madison, Wis., May 5 – HSBC USA Inc. priced $20.64 million of 0% buffered Performance Leveraged Upside Securities due May 3, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10.00 plus 200% of the index return, subject to a maximum payment of $13.70 per note. Investors will receive par if the index declines by up to 10% and will lose 1% for every 1% that it declines beyond 10%.

HSBC Securities (USA) Inc. is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:	HSBC USA Inc.
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$20,641,130
Maturity:	May 3, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial index level:	3,615.59
Pricing date:	April 30
Settlement date:	May 5
Agent:	HSBC Securities (USA) Inc. with distribution through Morgan Stanley Wealth Management
Fees:	3%
Cusip:	40434G718

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