New Issue: HSBC prices $981,220 PLUS linked to Topix

Chicago, Dec. 18 – HSBC USA Inc. priced $981,220 of 0% Performance Leveraged Upside Securities due March 3, 2021 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 19.05%. Investors will be fully exposed to any losses of the index.

HSBC Securities (USA) Inc. is the agent with Morgan Stanley Wealth Management as a dealer.

Issuer:	HSBC USA Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Topix
Amount:	$981,220
Maturity:	March 3, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to 19.05% maximum return; fully exposure to any losses of the index
Initial level:	1,699.36
Pricing date:	Nov. 29
Settlement date:	Dec. 4
Agent:	HSBC Securities (USA) Inc. with Morgan Stanley Wealth Management as a dealer
Fees:	2.25%
Cusip:	40438B533

© 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.