New Issue: HSBC sells $1.63 million 15-month buffered AMPS linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Dec. 4 – HSBC USA Inc. priced $1.63 million of 0% buffered Accelerated Market Participation Securities due Feb. 28, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2.5 times any index gain, up to a maximum return of 19.5%.

Investors will receive par if the index falls by up to 5% and will lose 1% for every 1% decline beyond 5%.

HSBC Securities (USA) Inc. is the agent.

Issuer:	HSBC USA Inc.
Issue:	Buffered Accelerated Market Participation Securities
Underlying index:	Euro Stoxx 50
Amount:	$1,628,000
Maturity:	Feb. 28, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 250% of any index gain, up to 19.5% cap; par if index declines by 5% or less; 1% loss per 1% drop beyond 5%
Initial level:	3,562.65
Pricing date:	Nov. 22
Settlement date:	Nov. 28
Agent:	HSBC Securities (USA) Inc.
Fees:	None
Cusip:	40435FLQ8

© 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.