| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers H > Headlines for HSBC USA Inc. > News item |
HSBC plans buffered leveraged tracker notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Jan. 27 - HSBC USA Inc. plans to price 0% buffered leveraged tracker notes linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
The notes will mature in four to five years after issue, with the exact maturity to be set at pricing.
The payout at maturity will be par plus 1.5 times any index gain.
Investors will receive par if the index falls by up to 50% and will lose 2% for each 1% decline beyond 50%.
HSBC Securities (USA) Inc. is the agent.
The notes will price and settle in February.
The Cusip number is 40432XS93.
© 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.