HSBC to price PLUS due August 2016 linked to iShares China Large-Cap

By Devika Patel

Knoxville, Tenn., June 8 – HSBC USA Inc. plans to price Performance Leveraged Upside Securities due Aug. 4, 2016 linked to the iShares China Large-Cap exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus triple any fund gain, up to a maximum return of $12.40 per note.

Investors will be exposed to any losses.

HSBC Securities (USA) Inc. is the agent and Morgan Stanley Wealth Management is the distributor.

The notes will price on June 30 and settle on July 6.

The Cusip number is 40434E408.

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