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HSBC plans buffered uncapped market participation notes on Euro Stoxx
By Susanna Moon
Chicago, Feb. 3 - HSBC USA Inc. plans to price 0% buffered uncapped market participation securities due Feb. 27, 2018 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.
HSBC Securities (USA) Inc. is the agent.
The notes will to price on Feb. 24 and settle on Feb. 27.
The Cusip number is 40432XSG7.
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