Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for HSBC USA Inc. > News item |
HSBC USA plans international equity buffer notes linked to index basket
By Jennifer Chiou
New York, March 27 - HSBC USA Inc. plans to issue international equity buffer notes due March 31, 2011 linked to equal weights of the Nikkei 225, Hang Seng China Enterprises, Dow Jones Euro Stoxx 50 and the iShares MSCI Brazil index fund, according to an FWP filing with the Securities and Exchange Commission.
The notes will price on March 28 and settle on March 30.
At maturity, investors will receive par plus any basket return. Investors will lose 1% for each 1% the index declines beyond 20%.
HSBC Securities (USA) Inc. will be the agent.
© 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.