HSBC plans market-linked notes with leveraged upside tied to Stoxx 50

By Susanna Moon

Chicago, Oct. 16 – HSBC USA Inc. plans to price 0% market-linked notes due April 28, 2023 linked to the Euro Stoxx 50 index, according to an FWP filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 110% to 120% of any index gain, up to a cap of 43% to 48%.

Investors will be exposed to any losses.

HSBC Securities (USA) Inc. and UBS Financial Services Inc. are the agents.

The notes will price on Oct. 27 and settle on Oct. 31.

The Cusip number is 40435FJB4.

© 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.