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Published on 8/8/2014 in the Prospect News Structured Products Daily.

HSBC plans to price barrier tracker notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Aug. 8 – HSBC USA Inc. plans to price 0% barrier tracker notes due August 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus the index return. Investors will receive par if the index falls by 25% or less and will be fully exposed to the index’s decline from its initial level if it falls by more than 25%.

HSBC Securities (USA) Inc. is the underwriter.

The notes will price and settle in August.

The Cusip number is 40433BKZ0.


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