HSBC to price buffered PLUS linked to WisdomTree India Earnings

By Marisa Wong

Morgantown, W.Va., Feb. 12 – HSBC USA Inc. plans to price 0% buffered Performance Leveraged Upside Securities due Sept. 3, 2020 linked to the WisdomTree India Earnings fund, according to an FWP filing with the Securities and Exchange Commission.

If the final share price is greater than the initial share price, the payout at maturity will be par plus 200% of the fund gain, up to a maximum return of 21%.

If the fund falls by up to 10%, the payout will be par.

Investors will be fully exposed to any fund decline beyond 10%.

HSBC Securities (USA) Inc. is the agent with Morgan Stanley Wealth Management handling distribution.

The notes will price on Feb. 16.

The Cusip number is 40435J281.

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