HSBC plans market plus notes due 2018 linked to Stoxx Europe 600

By Marisa Wong

Morgantown, W.Va., Dec. 8 – HSBC USA Inc. plans to price 0% market plus notes due June 13, 2018 linked to the Stoxx Europe 600 index, according to an FWP filing with the Securities and Exchange Commission.

If the index gains or falls by up to the 27.5% knock-out buffer, the payout at maturity will be par plus the greater of the index return and the contingent minimum return of 0%.

Otherwise, investors will be fully exposed to any losses.

HSBC Securities (USA) Inc. is the underwriter, and J.P. Morgan Securities LLC and JPMorgan Chase Bank NA are the placement agents.

The notes will price Dec. 9.

The Cusip number is 40433UE69.

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