HSBC plans to price two-year AMPS linked to FTSE China Large-Cap ETF

By Tali Rackner

Norfolk, Va., Jan. 15 – HSBC USA Inc. plans to price 0% Accelerated Market Participation Securities due Jan. 26, 2018 linked to the iShares FTSE China Large-Cap exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus two times the fund return, subject to a maximum return that is expected to be at least 50% and will be set at pricing.

Investors will be fully exposed to losses if the fund declines.

HSBC Securities (USA) Inc. is the agent.

The notes will price on Jan. 21 and settle on Jan. 26.

The Cusip number is 40433UGH3.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.