Bond HSBC Europe Continentale S.A. 0% ( FR0013378825 ) in EUR

HSBC Europe Continentale S.A.

100 % ⇌

France

FR0013378825 ( in EUR )

31/10/2028

Prospectus brochure of the bond HSBC Continental Europe S.A FR0013378825 en EUR 0%, maturity 31/10/2028

1 000 EUR

3 000 000 EUR

HSBC Continental Europe S.A. is a subsidiary of HSBC Holdings plc, operating as a commercial bank offering a range of financial services in various European countries.

HSBC Continental Europe S.A. issued a EUR 3,000,000 zero-coupon bond (FR0013378825) maturing October 31, 2028, with a minimum trading size of EUR 1,000 and currently trading at 100% of face value.

PRICING SUPPLEMENT
PROHIBITION OF SALES TO EEA RETAIL INVESTORS - The Certificates are not intended to be offered, sold or
otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the
European Economic Area ("EEA"). For these purposes, a retail investor means a person who is one (or more) of: (i) a
retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU ("MiFID II"); (ii) a customer within the
meaning of Directive 2002/92/EC ("IMD"), where that customer would not qualify as a professional client as defined in
point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Directive 2003/71/EC (as amended,
the "Prospectus Directive"). Consequently no key information document required by Regulation (EU) No 1286/2014
(the "PRIIPs Regulation") for offering or selling the Certificates or otherwise making them available to retail investors
in the EEA has been prepared and therefore offering or selling the Certificates or otherwise making them available to any
retail investor in the EEA may be unlawful under the PRIIPS Regulation.
Pricing Supplement dated 06 November 2018
HSBC France
Issue of EUR 3,000,000 Automatic Early Redemption Index-Linked Certificates due November 2028 linked to
EURO STOXX 50 Index
Programme for the issue of Structured Notes and Certificates
Issue Price: 100 %
HSBC Bank Plc
1

PART A
CONTRACTUAL TERMS
This document constitutes the pricing supplement ("Pricing Supplement") relating to the issue of the Tranche of
Certificates described herein for the purposes of listing on the Official List of Euronext Dublin and must be read in
conjunction with the Offering Memorandum dated 15 November 2017 as supplemented from time to time (the "Offering
Memorandum") which, together with this Pricing Supplement, constitute listing particulars for the purposes of listing on
the Global Exchange Market. Terms used herein shall be deemed to be defined as such for the purposes of the terms and
conditions of the Certificates (the "Conditions") set forth in such Offering Memorandum.
Full information on the Issuer and the offer of the Certificates is only available on the basis of the combination of this
Pricing Supplement and the Offering Memorandum. The Offering Memorandum is available for viewing on the website
of HSBC France (http://www.about.hsbc.fr/investor-relations/debt-issuance) and copies may be obtained from HSBC
France, 103 avenue des Champs Elysées, 75008 Paris, France.
The Offering Memorandum does not comprise (i) a prospectus for the purposes of Part VI of the Financial Services
and Markets Act 2000 (as amended) or (ii) a base prospectus for the purposes of Directive 2003/71/EC as amended
(the Prospectus Directive). The Offering Memorandum has been prepared solely with regard to Certificates that
are (i) not to be admitted to listing or trading on any regulated market for the purposes of Directive 2004/39/EC
and not to be offered to the public in a Member State (other than pursuant to one or more of the exemptions set
out in Article 3.2 of the Prospectus Directive).
It is advisable that prospective investors considering acquiring any Certificates understand the risks of transactions
involving the Certificates and it is advisable that they reach an investment decision after carefully considering, with
their financial, legal, regulatory, tax, accounting and other advisers, the suitability of the Certificates in light of
their particular circumstances (including without limitation their own financial circumstances and investment
objectives and the impact the Certificates will have on their overall investment portfolio) and the information
contained in the Offering Memorandun and this Pricing Supplement. Prospective investors should consider
carefully the risk factors set forth under "Risk Factors" in the Offering Memorandun.
1
Issuer:
HSBC France
2

(a)
Series Number:
Not applicable
(b)
Tranche Number:
1
3
Specified Currency or Currencies:
Euro (EUR)
4
Aggregate Nominal Amount:
e (a)
Series:
EUR 3,000,000

(b)
Tranche:
EUR 3,000,000
5
Issue Price:
100 per cent. of the Aggregate Nominal Amount
6
Specified Denomination(s):
EUR 1,000
7

(a)
Issue Date:
08 November 2018
2

(b)
Interest
Commencement Not applicable
Date:

(c)
Trade Date:
25 October 2018
8
Minimum Trading Size:
Not applicable
9
Maturity Date:
01 November 2028, subject to early redemption on
an Automatic Early Redemption Date. See
paragraph 27 below
10
Interest Basis:
Not applicable
11
Redemption/Payment Basis
Redemption linked to an Index
(Condition 7):
12
Change of Interest Basis or The Certificates are subject to early redemption on
Redemption/Payment Basis:
an Automatic Early Redemption Date. See
paragraph 27 below.
13
Put/Call Options:
Not applicable
14
(a) Status of Certificates:
Non Subordinated
(b) Date of issuance authorisations: No
15
Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST PAYABLE (IF APPLICABLE)
16
Provisions relating to Fixed Rate Not applicable
Certificates:
17
Provisions relating to Floating Rate
Not applicable
Certificates:
18
Provisions relating to Zero Coupon Not applicable
Certificates:
19
Provisions relating to Certificates Not applicable
with a Coupon Linked to an Equity,
Equity Basket, Index, Index Basket,
ETF, ETF Basket, ADR/GDR or
ADR/GDR Basket:
20
Provisions
relating
to
Dual Not applicable
Currency Certificates:
21
Provisions relating to Physical Not applicable
Delivery Certificates:
PROVISIONS RELATING TO REDEMPTION
3

22
Redemption at the option of the
Not applicable
Issuer:
(Condition 7.3)
23
Redemption at the option of the
Not applicable
Certificate holders:
(Condition 7.4)
24
Redemption by Instalments:
Not applicable
25
Final Redemption Amount of
each Certificate:
In
cases
where
the
Final
Applicable
Redemption Amount is linked to an
Equity, Equity Basket, Index, Index
Basket,
ETF,
ETF
Basket,
ADR/GDR, ADR/GDR Basket or
any other variable

(a)
an Equity, Equity Basket, The Index as defined in paragraph 38 (b) below
Index, Index Basket, ETF,
ETF
Basket,
ADR/GDR,
ADR/GDR Basket, formula
/other variable:

(b)
Party
responsible
for Not applicable
calculating
the
Interest
Rate(s) and Final Redemption
Amount
(if
not
the
Calculation Agent):

(c)
Provisions for determining the Unless previously redeemed or purchased and
Final Redemption Amount cancelled, if, on the Valuation Date (as defined in
when calculated by reference paragraph 39 below), the Calculation Agent
to an Equity, an Equity determines on the Valuation Date that :
Basket, an Index, an Index
Basket, an ETF, an ETF a) the Final Index Level is greater than or equal to
Basket, an ADR/GDR, an 105% of the Initial Index Level, the Issuer shall
ADR/GDR Basket and/or redeem the Certificates on the Maturity Date in
formula and/or other variable:
accordance with the following formula:
Specified Denomination ×127.60%
b) the Final Index Level is less than 105% of the
Initial Index Level, the Issuer shall redeem the
Certificates by paying on the Maturity Date an
amount in the Specified Currency in respect of
each Certificate determined by the Calculation
Agent in accordance with the following formula:
4

Specified Denomination × 100%
-
Trigger Event:
Not applicable
Barrier Period:
Not applicable
Trigger Level:
Not applicable
-
Knock-in Event:
Not applicable
-
Knock-out Event:
Not applicable

(d)
Determination Date(s):
Not applicable

(e)
Provisions for determining the Condition 16.9 applies
Final Redemption Amount
when calculation by reference
to an Index and/or formula
and/or
other
variable
is
impossible or impracticable:

(f)
Payment Date:
Not applicable

(g)
Minimum
Final
Not applicable
Redemption
Amount:

(h)
Maximum
Final
Not applicable
Redemption Amount:
26
Early Redemption Amount:
In
cases
where
the
Early
Applicable
Redemption Amount is linked to an
Equity, Equity Basket, Index, Index
Basket,
ETF,
ETF
Basket,
ADR/GDR, ADR/GDR Basket or
any other variable:
Early Redemption Amount(s) of
Fair Market Value
each Certificate paid on redemption
for taxation reasons or other early
redemption
events
and/or
the
method of calculating the amount (if
required or if different from that set
out in Condition 7.5):
5

Other redemption provisions:
Not applicable
27
Automatic Early Redemption:
Applicable
The Release Index Level is greater than or equal
Automatic
Early
Redemption
to the Automatic Early Redemption Level as of
Event:
any Automatic Early Redemption Valuation Datej
Automatic
Early
Redemption
See Annex 1
Amount:
Automatic
Early
Redemption
Each date specified as such in the Annex 1 (each
Date(s):
an "Automatic Early Redemption Datej") ("j"
ranking from 1 to 18), subject to adjustment in
accordance with the Following Business Day
Convention
Automatic
Early
Redemption
105 per cent. of the Initial Index Level
Price/Level:
Automatic Early Redemption Rate:
Not applicable
Automatic
Early
Redemption
Each date specified as such in the Annex 1 ("j"
Valuation Date(s):
ranking from 1 to 18) (each an "Automatic Early
Redemption Valuation Datej") ("j" ranking from
1 to 18).
Each Automatic Early Redemption Valuation
Date shall be subject to postponement in
accordance with Condition 16.3 as if each
reference to "Valuation Date" in such Condition
was deemed to be a reference to "Automatic Early
Redemption Valuation Date".
"The Release Index Level" means
Index Levelj / Initial Index Level
with Index Levelj the Level of the Index on Each
Automatic Early Redemption Valuation Date J
6

28
Calculation
Agent
for
the
Not applicable
requirements of Condition 6.3(j):
GENERAL PROVISIONS APPLICABLE TO THE CERTIFICATES
29
Form of Certificates:
Dematerialised Certificates

(a)
Form
of
Dematerialised Bearer form
Certificates:

(b)
Registration Agent:
Not applicable
30
Financial Centre(s) or other special TARGET
provisions relating to Payment
Dates for the purposes of Condition
8.5:
31
Provisions relating to Partly Paid Not applicable
Certificates: amount of each
payment comprising the Issue
Price and date on which each
payment is to be made and
consequences (if any) of failure to
pay, including any right of the
Issuer to forfeit the Certificates
and interest due on late payment:
32
Provisions relating to Instalment Not applicable
Certificates:
amount
of
each
instalment, date on which each
payment is to be made:
33
Provisions relating to consolidation: Not applicable
34
Other Pricing Supplement:
Not applicable
PROVISIONS APPLICABLE TO CERTIFICATES LINKED TO AN EQUITY, EQUITY
BASKET, INDEX, INDEX BASKET, ETF, ETF BASKET, ADR/GDR AND ADR/GDR
BASKET
35
Delivery of Securities (Equity Not applicable
Linked Certificates only):
36
Provisions
relating
to
Equity Not applicable
Linked
Certificates,
ADR/GDR
Linked
Certificates
and
ETF
Linked Certificates:
37
Additional Provisions relating to Not applicable
Equity Linked Certificates:
38
Provisions relating to Index-Linked Applicable
Certificates:
7

(a)
Composite Index:
Not applicable
(b)
Index(ices):
The EURO STOXX 50 Index (Bloomberg Code:
SX5E) which is a Multiple Exchange Index
(c)
Index Sponsor:
STOXX Limited
(d)
Initial Index Level:
3150
(e)
Final Index Level:
As defined in Condition 16.1
(f)
Index Rules:
Not applicable
(g)
Exchange:
The regulated markets or quotation systems (or
any substituting market or system) on which the
shares which compose the Index are mainly
traded
(h)
Related Exchange:
All Exchanges
(i)
Weighting:
Not applicable
(j)
Strike Price:
100 per cent. of the Initial Index Level
(k)
Strike Date:
25 October 2018
(l)
Scheduled
Trading
Day
Not applicable
Convention:
(m)
Additional Disruption Event:
Change in Law; Hedging disruption; Increased
cost of Hedging
39
Valuation Date(s):
25 October 2028, subject to postponement in
accordance with Condition 16.5
40
Valuation Time:
The definition in Condition 16.1 applies
41
Averaging Dates:
Not applicable
Averaging Date in the event of Market Not Applicable
Disruption:
42
Reference Prices:
No
43
Other provisions relating to Index-
Not applicable
Linked Certificates, Equity Linked
Certificates
and
ETF
Linked
Certificates:
44
Provisions relating to Currency-
Not applicable
Linked Certificates:
45
Provisions relating to Inflation Not applicable
Rate-Linked Certificates:
8

DISTRIBUTION
46
If syndicated, names and addresses Not applicable
of
the
Managers
and
the
underwriting commitments:
47
(a)
Date
of
Subscription
Not applicable
Agreement:

(b)
Stabilising Manager(s) (if
Not applicable
any):

If not syndicated, name and address
HSBC Bank plc
of Dealer:
8 Canada Square
London E14 5HQ
United Kingdom
48
Total Commission and concession:
Not applicable
49
Prohibition of Sales to EEA Retail Applicable
Investors:
50
Additional selling restrictions:
Not applicable
51
U.S. Selling Restrictions:
The Issuer is Category 2 for the purposes of
Regulation S under the United States Securities
Act of 1933, as amended.
TEFRA rules not applicable
52
U.S. Tax Considerations:
Not applicable
53
GENERAL

The aggregate principal amount of Not applicable
Certificates issued has been translated
into euro at the rate of [ ], producing
a sum of (solely for Certificates not
denominated in euro):
9

RESPONSIBILITY
The Issuer accepts responsibility for the information contained in this Pricing Supplement. Information
relating to the Indices has been extracted from Bloomberg. The Issuer confirms that such information
has been accurately reproduced and that, so far as it is aware, and is able to ascertain from information
published by Bloomberg, no facts have been omitted which would render the reproduced information
inaccurate or misleading.
Signed on behalf of HSBC France:
By:
Duly authorised
10