New Issue: HSBC prices $3.45 million PLUS due 2016 linked to Euro Stoxx 50

By Susanna Moon

Chicago, Nov. 5 – HSBC USA Inc. priced $3.45 million of 0% Performance Leveraged Upside Securities due Feb. 5, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 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 with distribution through Morgan Stanley Smith Barney LLC.

Issuer:	HSBC USA Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$3,453,500
Maturity:	Feb. 5, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of index gain, capped at 18%; exposure to any losses
Initial index level:	3,113.32
Pricing date:	Oct. 31
Settlement date:	Nov. 5
Agent:	HSBC Securities (USA) Inc.
Distributer:	Morgan Stanley Smith Barney LLC
Fees:	1.75%
Cusip:	40434D343

© 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.