HSBC plans three-year trigger performance securities on Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 4 - HSBC USA Inc. plans to price 0% trigger performance securities due Jan. 29, 2016 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 of $10 plus 134% to 144% of any index gain. The exact participation rate will be set at pricing.

Investors will receive par if the index falls by up to 35% and will be fully exposed to losses if the index falls below the 65% trigger level.

HSBC Securities (USA) Inc. will be the underwriter, and UBS Financial Services Inc. will act as agent.

The notes will price on Jan. 29 and settle on Jan. 31.

The Cusip number is 40433T422.

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