HSBC plans four-year capped leveraged return notes linked to MSCI EM

By Susanna Moon

Chicago, Dec. 19 – HSBC USA Inc. plans to price Capped Leveraged Index Return Notes due December 2018 linked to the MSCI Emerging Markets index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 150% to 160% of any gain in the index, up to a capped return of $20.00 per note.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

The notes will price in December and settle in January.

The Cusip number is 40434F710.

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