New Issue: HSBC sells $4.68 million leveraged buffered uncapped notes on Stoxx 50

New York, March 28 – HSBC USA Inc. priced $4.68 million of 0% leveraged buffered uncapped market participation securities due March 29, 2023 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any index gain.

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.

Issuer:	HSBC USA Inc.
Issue:	Leveraged buffered uncapped market participation securities
Underlying index:	Euro Stoxx 50
Amount:	$4,677,000
Maturity:	March 29, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain; par if index falls by up to 25%; 1% loss for each 1% decline beyond 25%
Initial level:	3,298.07
Pricing date:	March 23
Settlement date:	March 29
Agent:	HSBC Securities (USA) Inc.
Fees:	3%
Cusip:	40435FVY0

© 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.