| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Russell 200 index > News item |
HSBC plans 3%-3.25% fixed-rate buffered notes tied to S&P 500, Russell
By Susanna Moon
Chicago, Nov. 11 – HSBC USA Inc. plans to price 3% to 3.25% fixed-rate buffered notes due Nov. 29, 2019 linked to the Russell 200 index and the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
Interest is payable annually.
The payout at maturity will be par plus unless either index falls by more than 25%, in which case investors will be exposed to any losses of the worse performing index beyond the buffer.
HSBC Securities (USA) Inc. is the agent.
The notes will price on Nov. 21 and settle on Nov. 25.
The Cusip number is 40433UYD2.
© 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.