HSBC to price buffered digital notes linked to iShares MSCI ACWI

By Marisa Wong

Morgantown, W.Va., Jan. 31 – HSBC USA Inc. plans to price 0% buffered digital notes due Feb. 9, 2023 linked to the iShares MSCI ACWI exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF finishes at or above its initial price, the payout at maturity will be par plus the greater of the ETF return and the digital upside return of 13%.

If the ETF falls by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline beyond 30%.

HSBC Securities (USA) Inc. is the agent.

The notes will price on Feb. 6.

The Cusip number is 40435FTJ6.

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