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HSBC plans five-year growth opportunity CDs linked to Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., Jan. 23 – HSBC Bank USA, NA plans to price 0% growth opportunity certificates of deposit due Jan. 30, 2024 linked to the Euro Stoxx 50 index, according to a term sheet.
The payout at maturity will be par plus 125% of the index return, subject to a minimum payout of par.
HSBC Securities (USA) Inc. is the agent. Advisors Asset Management is distributor.
The CDs will price Jan. 25.
The Cusip number is 40434Y2P1.
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