E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/7/2015 in the Prospect News Structured Products Daily.

HSBC to price barrier AMPS due 2018 linked to Euro Stoxx 50

By Marisa Wong

Madison, Wis., April 7 – HSBC USA Inc. plans to price 0% barrier Accelerated Market Participation Securities due April 16, 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 1.6 times any gain in the index, up to a maximum return of at least 50%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% barrier level.

HSBC Securities (USA) Inc. is the agent.

The notes will price on April 10 and settle on April 15.

The Cusip number is 40433BP28.


© 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.