New Issue: HSBC prices $3.51 million digital index-linked notes on Euro Stoxx 50

By William Gullotti

Buffalo, N.Y., Feb. 2 – HSBC Bank plc priced $3.51 million of 0% digital index-linked notes due Nov. 14, 2025 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 85% of its initial level, the payout at maturity will be par plus 16.26%.

Otherwise, investors will lose 1.1765% for each 1% decline of the index beyond 15%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC Bank plc
Issue:	Digital index-linked notes
Underlying index:	Euro Stoxx 50 index
Amount:	$3,513,000
Maturity:	Nov. 14, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the index gains or falls by not more than 15%, par plus 16.26%; otherwise, 1.1765% loss for each 1% decline of the index beyond 15%
Initial level:	4,662.7
Downside threshold:	85% of initial level
Pricing date:	Jan. 30
Settlement date:	Feb. 6
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40442B5Q6

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