HSBC plans 3.5-year barrier AMPS with cap linked to Euro Stoxx 50

By Susanna Moon

Chicago, May 5 – HSBC USA Inc. plans to price 0% barrier Accelerated Market Participation Securities due November 2018 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, 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 35% and will be fully exposed to any losses if the index finishes below the 65% barrier level.

HSBC Securities (USA) Inc. is the agent.

The notes will price and settle in May.

The Cusip number is 40433BV88.

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