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ospectus supplement and prospectus, the tempts set forth below will supersede. • Any payment on the Notes is subject to the Issuer's credit risk. Key Tomo. Issuer: HSBC USA Inc. Reference Currency: Brazilian Real per one C.S. Dollar ("USDBRI") Principal Amount: $1,000 per Note. Barrier Level: -I
e, expressed as the amount of Brazilian reels per one U.S. dollar, for settlement on the same day, as reported by Banco Central do Brasil on SISBACF:N Data System under transaction code PTAX-81:03 ("Consuha de Cambio" or Exchange Rate Inquiry). Option 5 ("Cotacom pare Cotahilidade" or Rates for Accounting Pur
ospectus supplement and prospectus, the tempts set forth below will supersede. • Any payment on the Notes is subject to the Issuer's credit risk. Key Tomo. Issuer: HSBC USA Inc. Reference Currency: Brazilian Real per one C.S. Dollar ("USDBRI") Principal Amount: $1,000 per Note. Barrier Level: -I
e, expressed as the amount of Brazilian reels per one U.S. dollar, for settlement on the same day, as reported by Banco Central do Brasil on SISBACF:N Data System under transaction code PTAX-81:03 ("Consuha de Cambio" or Exchange Rate Inquiry). Option 5 ("Cotacom pare Cotahilidade" or Rates for Accounting Pur
ospectus supplement and prospectus, the tempts set forth below will supersede. • Any payment on the Notes is subject to the Issuer's credit risk. Key Tomo. Issuer: HSBC USA Inc. Reference Currency: Brazilian Real per one C.S. Dollar ("USDBRI") Principal Amount: $1,000 per Note. Barrier Level: -I
e, expressed as the amount of Brazilian reels per one U.S. dollar, for settlement on the same day, as reported by Banco Central do Brasil on SISBACF:N Data System under transaction code PTAX-81:03 ("Consuha de Cambio" or Exchange Rate Inquiry). Option 5 ("Cotacom pare Cotahilidade" or Rates for Accounting Pur
Entities connected to both Key Tomo and N Data System

Brasil
LOCATIONInvestment
ORGANIZATIONBanco Central
ORGANIZATIONSao Paulo
LOCATIONBarmier
PERSONProspectus Supplement
ORGANIZATIONIISBC USA Inc.
ORGANIZATIONInitial Snot Rate - Final Soot Rate
ORGANIZATIONIIRER
ORGANIZATIONUSDISRL
ORGANIZATIONInitial Spot Rate
ORGANIZATIONCUSIRISIN
ORGANIZATION