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HSBC plans barrier market participation securities on Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, Dec. 1 – HSBC USA Inc. plans to price 0% barrier market participation
securities due Dec. 31, 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 at least 100% of any index gain, with the exact upside participation rate to be set at pricing.
Investors will receive par if the index falls by up to 30%. Otherwise investors will be fully exposed to losses.
HSBC Securities (USA) Inc. is the agent.
The notes will price on Dec. 23 and settle on Dec. 29.
The Cusip number is 40433UEG7.
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