HSBC plans buffered accelerated market participation notes on Stoxx

By Sarah Lizee

Olympia, Wash., June 4 – HSBC USA Inc. plans to price 0% buffered accelerated market participation securities due Dec. 29, 2020 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 double any index gain, subject to a maximum return that is expected to be at least 52% and will be set at pricing.

Investors will receive par if the index declines by 10% or less and will lose 1% for each 1% decline beyond 10%.

HSBC Securities (USA) Inc. is the agent.

The notes (Cusip: 40435FD95) will price on June 26 and settle on June 29.

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