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HSBC plans six-year averaging notes on the Dow, Euro Stoxx and Taiex
By Susanna Moon
Chicago, Sept. 10 - HSBC USA Inc. plans to price 0% averaging notes due Sept. 28, 2018 linked to a basket of three equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying indexes are the Dow Jones industrial average, Euro Stoxx 50 index and the Taiwan Stock Exchange capitalization weighted stock index.
The payout at maturity will be par plus any gain in the average closing level of the indexes.
If the basket falls, the payout will be par.
HSBC Securities (USA) Inc. is the agent.
The notes will price on Sept. 25 and settle on Sept. 28.
The Cusip number is 4042K14V2.
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