E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/20/2017 in the Prospect News Structured Products Daily.

HSBC to price barrier enhanced participation notes on Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Sept. 20 – HSBC USA Inc. plans to price 0% barrier enhanced participation notes due Sept. 27, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus at least 200% of the index return. Investors will receive par if the index falls by up to 25% and will be fully exposed to losses from the initial index level if the index falls by more than 25%.

HSBC Securities (USA) Inc. is the agent.

The notes will price on Sept. 21.

The Cusip number is 40435FDZ7.


© 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.