Epstein Secrets

nt to the terms of a distribution agreement, HSBC Securities (USA) Inc., an affiliate of HSBC, will purchase the Notes from HSBC for distribution to J.P. Morgan Securities LLC and certain of its miistered broker-dealer affiliates, acting as placement agent, at the price indicated on the cover of this pricing supplement. Th

cycle at the time of any such trade to prevent a failed settlement, and should consult their own advisors. Validity urthc Notes In the opinion of Morrison & Foerster LLP, as counsel to the Issuer, when the Notes offered by this pricing supplement have been executed and delivered by the issuer and authenticated by the

nt to the terms of a distribution agreement, HSBC Securities (USA) Inc., an affiliate of HSBC, will purchase the Notes from HSBC for distribution to J.P. Morgan Securities LLC and certain of its miistered broker-dealer affiliates, acting as placement agent, at the price indicated on the cover of this pricing supplement. Th

cycle at the time of any such trade to prevent a failed settlement, and should consult their own advisors. Validity urthc Notes In the opinion of Morrison & Foerster LLP, as counsel to the Issuer, when the Notes offered by this pricing supplement have been executed and delivered by the issuer and authenticated by the

nt to the terms of a distribution agreement, HSBC Securities (USA) Inc., an affiliate of HSBC, will purchase the Notes from HSBC for distribution to J.P. Morgan Securities LLC and certain of its miistered broker-dealer affiliates, acting as placement agent, at the price indicated on the cover of this pricing supplement. Th

cycle at the time of any such trade to prevent a failed settlement, and should consult their own advisors. Validity urthc Notes In the opinion of Morrison & Foerster LLP, as counsel to the Issuer, when the Notes offered by this pricing supplement have been executed and delivered by the issuer and authenticated by the

distribution to the placement agent. See "Supplemental Plan of Distribution (Conflicts of Interest)" on the last page of this pricing supplement. J.P. Morgan Securities LLC and certain of its registered broker-dealer EFTA01465553 affiliates are purchasing the Notes for resale. Price to Public Per Note Total $1,000

the limitations described therein, and based on certain factual representations received from us, in the opinion of our special U.S. tax counsel, Morrison & Foerster LLP, it is reasonable to treat a Note as a pre-paid executory contract with respect to the Reference Currency. Assuming this characterization is respec