| 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 buffered uncapped market participation securities on Stoxx
By Tali Rackner
Minneapolis, April 20 – HSBC USA Inc. plans to price 0% leveraged buffered uncapped market participation securities due April 28, 2022 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 1.5 times to 1.6 times any index gain.
Investors will receive par if the index declines by 25% or less and lose 1% for each 1% decline beyond the 25% buffer.
HSBC Securities (USA) Inc. is the agent.
The notes will price on April 21 and settle on April 28.
The Cusip number is 40433UZ82.
© 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.