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HSBC to price barrier AMPS due 2018 linked to Euro Stoxx 50
By Marisa Wong
Madison, Wis., April 7 – HSBC USA Inc. plans to price 0% barrier Accelerated Market Participation Securities due April 16, 2018 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.6 times any gain in the index, up to a maximum return of at least 50%. The exact cap will be set at pricing.
Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% barrier level.
HSBC Securities (USA) Inc. is the agent.
The notes will price on April 10 and settle on April 15.
The Cusip number is 40433BP28.
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