HSBC plans 17- to 20-month buffered digital notes on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Nov. 7 – HSBC USA Inc. plans to price 0% 17- to 20-month buffered digital notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be the threshold settlement amount of $1,141 to $1,165.80 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10%.

Otherwise, investors will lose 1.1111% for each 1% decline beyond 10%.

HSBC Securities (USA) Inc. is the agent.

The Cusip number is 40433UYB6.

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