New Issue: HSBC sells $285,000 growth opportunity notes on HSBC Vantage+

By Kiku Steinfeld

Chicago, March 2 – HSBC USA Inc. priced $285,000 of 0% growth opportunity notes due May 28, 2024 linked to the HSBC Vantage+ Index (USD) Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain.

If the index falls the payout will be par.

HSBC Securities (USA) Inc. is the underwriter.

Issuer:	HSBC USA Inc.
Issue:	Growth opportunity notes
Underlying index:	HSBC Vantage+ Index (USD) Excess Return
Amount:	$285,000
Maturity:	May 28, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain; if the index falls, par
Initial level:	204.06
Pricing date:	Nov. 21, 2022
Settlement date:	Nov. 25, 2022
Agent:	HSBC Securities (USA) Inc.
Fees:	2%
Cusip:	40441XTK6

© 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.