HSBC to price seven-year growth opportunity CDs on HSBC Vantage5

By Marisa Wong

Los Angeles, July 24 – HSBC Bank USA, NA plans to price 0% growth opportunity certificates of deposit due July 30, 2026 linked to the HSBC Vantage5 Index (USD) Excess Return, according to a term sheet.

The payout at maturity will be par plus at least 160% of the index return, subject to a minimum payout of par. The exact participation rate will be set at pricing.

HSBC Securities (USA) Inc. is the agent. Advisors Asset Management is distributor.

The CDs will price July 25.

The Cusip number is 44329M6V0.

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