HSBC to price 3.5-year barrier AMPS linked to Euro Stoxx 50 index

By Jennifer Chiou

New York, Dec. 23 – HSBC USA Inc. plans to price 0% barrier Accelerated Market Participation Securities due July 30, 2018 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum return of at least 49%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 35% and will be fully exposed to any losses if the index finishes below the 65% barrier.

The notes (Cusip: 40433BWL8) will price on Jan. 23 and settle on Jan. 30.

HSBC Securities (USA) Inc. is the agent.

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