Nowadays, we simply demand more from our PCs. Maximum Aggregate Offering Price. For a discussion of the U. You may also obtain:. Generally, this non-payment of the Contingent Coupon coincides with a period of greater risk of principal loss on your notes. Although the offering of notes relates to the Reference Asset, you should not construe that fact as a recommendation as to the merits of acquiring an investment linked to the Reference Asset or any component security included in the Reference Asset or as to the suitability of an investment in the notes.
|Date Added:||25 July 2015|
|File Size:||47.34 Mb|
|Operating Systems:||Windows NT/2000/XP/2003/2003/7/8/10 MacOS 10/X|
|Price:||Free* [*Free Regsitration Required]|
In addition, if we were to use the rate we use for our conventional fixed or floating rate debt issuances, we would expect the economic terms of the notes to be more favorable to you.
Different pricing models and assumptions could provide valuations for the notes that are different from our Estimated Initial Value. The wdlo of our estimated costs which we effectively reimburse to investors in this way may not sdlo allocated ratably throughout the reimbursement period, and we may discontinue such reimbursement at any time or revise the duration of the reimbursement period after the Original Issue Date of the notes based on changes in market conditions and other factors that cannot be predicted.
Jp862 cannot predict the Final Level. The following results are based solely on the assumptions outlined below. The policies of the reference sponsor concerning additions, deletions and substitutions of the constituents comprising the Reference Asset and the manner in which the reference m8p62 takes account of certain changes affecting those constituents may affect the level of the Reference Asset.
We will not pay any additional amounts in respect of such withholding. In addition, the tax treatment of the Contingent Jp862 is unclear.
GeForce Windows 10 Driver. Accordingly, purchasers who wish to trade the notes on the Trade Date and the following business day thereafter will be required to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement, and should consult their own advisors. The third business day before the applicable Coupon Payment Date. We urge you to consult your investment, legal, tax, accounting and other advisors before you invest in the notes.
Pursuant to the terms of the notes, you agree to treat the adli under this approach for all U. We have not authorized anyone to provide you with information or to make any representation to you that is not contained in this pricing supplement, the accompanying Equity Index Underlying Supplement, prospectus supplement and prospectus.
The following examples are provided for illustrative purposes only and are hypothetical. The prospectus supplement at: If the notes have become immediately due and payable following an Adli of Default, you will not be entitled to any additional payments with respect to the notes.
The Estimated Initial Value does not represent a minimum price at which we or any of our affiliates would be willing to purchase your notes in the secondary market, if any, at any time. You should be aware that if the Reference Return is less than the Barrier Level, you will lose some or all of your investment. The notes are not deposit liabilities or other obligations of a bank and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency or program of the United States or any other jurisdiction.
The notes will have the terms described in this pricing supplement and the accompanying prospectus supplement, prospectus and Equity Index Underlying Supplement. Quarterly contingent coupon payments at a rate of 1. Any sale of the notes prior to maturity could result in a loss to you. You should consider carefully whether the notes are suitable to your investment goals.
Further, Even if the level of the Reference Asset is greater than the Barrier Level during the term of the notes other than on the Final Valuation Date but then drops on the Final Valuation Date to a level that is less than the Barrier Level, the Payment at Maturity will be significantly less, than it would have been had the Payment at Maturity been linked to the level of the Reference Asset prior to such qdlo.
The ad,o, expressed as a percentage, m;862 as follows: This pricing supplement, the accompanying Equity Index Underlying Supplement, prospectus supplement and prospectus are not an offer to sell these notes, and these documents are not soliciting an offer to buy these notes, in any jurisdiction where the offer or sale is not permitted. The assumptions we have made in connection with the illustrations set dalo below may not reflect actual events, and the hypothetical Initial Level used in the table and examples below is not the actual Initial Level.
We will make such discretionary election and determine this temporary reimbursement period on the basis of a number of factors, including the tenor of the notes and any agreement we may have with the distributors of the notes.
HSBC has filed a registration statement including a prospectus, prospectus supplement and Equity Index Underlying Supplement with the SEC for the offering to which this pricing supplement relates. Risks Relating to All Note Issuances.
If the Official Closing Price of the Reference Asset is less than the Coupon Trigger on each of the Coupon Determination Dates, we will not pay you any Contingent Coupons during the term of, and you will not receive a positive return on, your notes.
The RTY tracks companies that may be considered small-capitalization companies. As a result, the actual and perceived creditworthiness of HSBC may affect the market value of the notes and, in the event HSBC were to default on its obligations, you may not receive the amounts owed to you under the terms of the notes.
The top 5 industry groups by market capitalization as of November 30, were: These companies often have greater stock price volatility, lower trading volume and less liquidity than large-capitalization companies and therefore the respective index level may be more volatile than an investment in stocks issued by larger companies.