| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
HSBC plans five-year trigger jump securities linked to Euro Stoxx 50
By Susanna Moon
Chicago, Aug. 11 – HSBC USA Inc. plans to price 0% trigger jump securities due Aug. 20, 2019 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will equal par plus the greater of the return and the upside payment of 42.5%.
Investors will receive par if the index falls by up to 40% and will be fully exposed to any losses if the index finishes below the 60% trigger level.
HSBC Securities (USA) Inc. is the agent.
The notes will price on Aug. 15 and settle on Aug. 20.
The Cusip number is 40434D608.
© 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.