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Prospect News home > News index > List of issuers H > Headlines for HSBC USA Inc. > News item
Published on 9/21/2018 in the Prospect News Structured Products Daily.

HSBC plans 9.85% income barrier notes due 2019 tied to Amazon

By Susanna Moon

Chicago, Sept. 21 – HSBC USA Inc. plans to price 9.85% income barrier notes due Oct. 3, 2019 linked to Amazon.com, Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The payout at maturity will be par unless the underlying stock finishes below its 80% trigger level, in which case investors will be fully exposed to any losses.

HSBC Securities (USA) Inc. is the underwriter.

The notes will price on Sept. 28.

The Cusip number is 40435X249.


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