HSBC plans three-year leveraged return notes linked to three indexes

By Susanna Moon

Chicago, Sept. 27 – HSBC USA Inc. plans to price 0% Leveraged Index Return Notes due September 2019 linked to a basket of equally weighted indexes, according to an FWP filing with the Securities and Exchange Commission.

The underlying components are the S&P 500 index, the Euro Stoxx 50 index and the MSCI Emerging Markets index.

The payout at maturity will be par plus 145% to 165% of any basket gain, with the exact leverage rate to be set at pricing.

Investors will be exposed to any losses.

BofA Merrill Lynch is the underwriter.

The notes will price and settle in October.

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