E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/8/2011 in the Prospect News Structured Products Daily.

HSBC plans to price return enhanced notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Feb. 8 - HSBC USA Inc. plans to price 0% return enhanced notes due Aug. 16, 2012 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any increase in the index, subject to a maximum return of 35.25%. Investors will be exposed to any decline in the index.

The notes (Cusip: 4042K1DW0) will price Feb. 11 and settle Feb. 16.

J.P. Morgan Securities LLC is the agent.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.