| 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 five-year buffered uncapped market notes linked to the Dow
By Susanna Moon
Chicago, Dec. 30 – HSBC USA Inc. plans to price 0% buffered uncapped market participation securities due Jan. 28, 2020 linked to the Dow Jones industrial average, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.
HSBC Securities (USA) Inc. is the agent.
The notes are expected to price on Jan. 23 and settle on Jan. 28.
The Cusip number is 40433BXK9.
© 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.