HSBC plans five-year leveraged return notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, June 27 – HSBC USA Inc. plans to price Leveraged Index Return notes due July 2019 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 130% to 150% of any index gain, with the exact participation rate to be set at pricing.

Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond 20%.

BofA Merrill Lynch is the agent.

The notes will price and settle in July.

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