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HSBC plans five-year leveraged buffered uncapped notes linked to Stoxx
By Susanna Moon
Chicago, Feb. 26 – HSBC USA Inc. plans to price 0% leveraged buffered uncapped market participation securities due March 31, 2021 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 1.05 times any index gain.
Investors will receive par if the index falls by up to 25% and will lose 1% for every 1% decline beyond 25%.
HSBC Securities (USA) Inc. is the agent.
The notes will price in March.
The Cusip number is 40433UJD9.
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