| 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 to price buffered AMPS due 2021 linked to Euro Stoxx 50 index
By Sarah Lizee
Olympia, Wash., Aug. 30 – HSBC USA Inc. plans to price 0% buffered Accelerated Market Participation Securities due March 29, 2021 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 triple any index gain, up to a maximum return of at least 40%. The exact cap will be set at pricing.
Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.
HSBC Securities (USA) Inc. is the agent.
The notes will price on Sept. 25 and settle on Sept. 28.
The Cusip number is 40435F2M8.
© 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.