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HSBC plans leveraged capped basket-linked notes due 2021
Chicago, Feb. 12 – HSBC USA Inc. plans to price leveraged capped basket-linked notes due in 25 to 28 months, according to a 424B2 filed with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
If the basket return is positive, the payout at maturity will be par plus 3.3 times the basket return, subject to a maximum payout of between $2,203.84 and $2,412.40 per $1,000 of notes. The maximum payout will be set at pricing.
Investors will be exposed to any decline in the basket return.
HSBC Securities (USA) LLC is the distributor.
The Cusip number is 40435UEU4.
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