HSBC plans leveraged buffered uncapped notes linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., June 26 – HSBC USA Inc. plans to price 0% leveraged buffered uncapped market participation securities due June 30, 2022 tied 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 at least 137% of any index gain. The exact upside participation rate will be set at pricing.

Investors will receive par if the index falls by up to 25% and will lose 1% for each 1% decline beyond 25%.

HSBC Securities (USA) Inc. is the agent.

The notes will price on June 27.

The Cusip number is 40433U6A9.

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