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HSBC plans leveraged buffered capped notes linked to MSCI EAFE
By Sarah Lizee
Olympia, Wash., Sept. 20 – HSBC USA Inc. plans to price 0% leveraged buffered capped notes due in 21 to 24 months linked to the MSCI EAFE 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 plus 1.6 times the index return, capped at between $1,220.96 and $1,259.20 per $1,000 of notes.
Investors will receive par if the index declines by 12.5% or less and will lose 1.1429% for every 1% that it declines beyond 12.5%.
HSBC Securities (USA) Inc. is the underwriter.
The Cusip number is 40435UYH1.
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