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 2.5-year AMPS with 45% cap linked to MSCI World
By Susanna Moon
Chicago, Jan. 12 – HSBC USA Inc. plans to price 0% Accelerated Market Participation Securities due July 28, 2017 linked to the MSCI World index, according to an FWP filing 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 45%. The exact cap will be set at pricing.
Investors will be exposed to any losses.
HSBC Securities (USA) Inc. is the agent.
The notes will price on Jan. 23 and settle on Jan. 28.
The Cusip number is 40433BYC6.
© 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.