HSBC plans to price 5-year barrier AMPS tied to Euro Stoxx Banks

By Wendy Van Sickle

Columbus, Ohio, Feb. 8 – HSBC USA Inc. plans to price 0% barrier Accelerated Market Participation Securities due Feb. 15, 2022 linked to the Euro Stoxx Banks index, according to an FWP filed with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 2 times the index return, subject to a maximum return of at least 155%.

Investors will receive par if the index declines by 40% or less and will be fully exposed to losses if it declines beyond 40%.

HSBC Securities (USA) Inc. is the agent.

The notes will price on Feb. 10.

The Cusip number is 40433UQ74.

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