HSBC to price global opportunity notes linked to index basket

By Susanna Moon

Chicago, Jan. 6 - HSBC USA Inc. plans to price 0% global opportunity notes due July 31, 2014 linked to an index basket, according to an FWP with the Securities and Exchange Commission.

The basket consists of equal weights of the S&P 500 index, Nikkei 225 index and the Dow Jones Euro Stoxx 50 index.

Payout at maturity will be par plus any basket gain, up to a maximum return of 45% to 55%. The exact cap will be set at pricing.

Otherwise, investors will receive par.

The notes will price on Jan. 27 and settle on Jan. 30.

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

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