E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers H > Headlines for HSBC USA Inc. > News item
Published on 7/19/2007 in the Prospect News Structured Products Daily.

HSBC USA plans enhanced market participation notes linked to S&P 500

By Jennifer Chiou

New York, July 19 - HSBC USA Inc. plans to issue 0% enhanced market participation notes due Aug. 25, 2008 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will price on July 20 and settle on July 25.

At maturity, investors will receive par plus double any index return, capped at 21.2%. Investors will share in any losses.

HSBC Securities (USA) Inc. will be the agent.


© 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.