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HSBC plans barrier digital return notes linked to Amazon, Facebook
By Susanna Moon
Chicago, Dec. 6 – HSBC USA Inc. plans to price 0% barrier digital return notes due Dec. 16, 2019 linked to the least performing of the common stocks of Amazon.com, Inc. and Facebook, Inc., according to a 424B2 with the Securities and Exchange Commission.
If each stock finishes above its 60% barrier level, the payout will be par plus the digital return of at least 30.5%.
Otherwise, investors will be fully exposed to any losses of the worse performing stock.
HSBC Securities (USA) Inc. is the agent.
The notes will price on Dec. 9 and settle on Dec. 14.
The Cusip number is 40433UXH4.
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