HSBC plans to price PLUS with cap linked to iShares MSCI EAFE ETF

By Toni Weeks

San Luis Obispo, Calif., Dec. 30 – HSBC USA Inc. plans to price 0% Performance Leveraged Upside Securities due May 4, 2016 linked to the iShares MSCI EAFE exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any fund gain, up to a maximum payment of $12.00 per note.

Investors will be exposed to any losses.

HSBC Securities (USA) Inc. is the agent with distribution through Morgan Stanley Wealth Management.

The notes will price Jan. 30 and settle Feb. 4.

The Cusip number is 40434F645.

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