| 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 return optimization securities due 2016 linked to MSCI EAFE
By Susanna Moon
Chicago, March 18 – HSBC USA Inc. plans to price 0% return optimization securities due April 29, 2016 linked to the MSCI EAFE index, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 14.2% to 15.7%. The exact cap will be set at pricing.
Investors will be exposed to any losses.
HSBC Securities (USA) Inc. will be the underwriter with UBS Financial Services Inc. as the agent.
The notes will price on March 27 and settle on March 31.
The Cusip number is 40434G866.
© 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.