HSBC plans six-year global averaging notes linked to four indexes

By Susanna Moon

Chicago, June 10 - HSBC USA Inc. plans to price 0% global averaging notes due June 26, 2019 linked to an equally weighted basket of four indexes, according to an FWP filing with the Securities and Exchange Commission.

The underlying indexes are the Dow Jones industrial average, the S&P/TSX 60 index, the Euro Stoxx 50 index and the Taiwan Stock Exchange Capitalization Weighted Stock index.

The payout at maturity will be par plus any basket gain.

If the basket falls, the payout will be par plus a minimum return of 1% to 2%. The exact floor will be set at pricing.

HSBC Securities (USA) Inc. is the agent.

The notes will price on June 21 and settle on June 24.

The Cusip number is 40432XGU9.

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