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HSBC to price five-year growth opportunity CDs linked to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., July 24 – HSBC Bank USA, NA plans to price 0% growth opportunity certificates of deposit due July 31, 2023 linked to the Euro Stoxx 50 index, according to a term sheet.
The payout at maturity will be par plus 120% of the index return, subject to a minimum payout of par.
HSBC Securities (USA) Inc. is the agent. Incapital LLC is distributor.
The CDs will price July 25.
The Cusip number is 40434YD46.
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