HSBC plans 2-year buffered AMPS with cap linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, May 9 – HSBC USA Inc. plans to price 0% buffered Accelerated Market Participation Securities due May 31, 2019 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 200% of any index gain, up to a maximum return of at least 32.5%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

HSBC Securities (USA) Inc. is the agent.

The notes will price on May 25.

The Cusip number is 40433U4F0.

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