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HSBC plans to price 15-month PLUS linked to Euro Stoxx 50
By Susanna Moon
Chicago, Oct. 20 – HSBC USA Inc. plans to price 0% Performance Leveraged Upside Securities due Feb. 5, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 18%.
Investors will be exposed to any losses.
HSBC Securities (USA) Inc. is the agent. Distribution is through Morgan Stanley Wealth Management.
The notes will price on Oct. 31 and settle on Nov. 5.
The Cusip number is 40434D343.
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