By Andrea Heisinger
Omaha, April 14 - HSBC Finance Corp. priced $82.283 million senior unsecured notes (Aa3/AA-) in two tranches Monday, according to a 424B3 Securities and Exchange Commission filing.
The first tranche was $45.638 million of 5.15% three-year notes and the second tranche $36.645 million of 5.4% four-year notes.
Both tranches are non-callable and have coupons payable quarterly.
Joint lead managers and lead agents were Banc of America Securities LLC, HSBC Securities and InCapital, LLC.
Co-agents were Charles Schwab & Co., Inc., Citigroup Global Markets Inc., Edward D. Jones & Co., LP, Fidelity Capital Markets Services, Merrill Lynch, Pierce, Fenner & Smith Inc., Morgan Stanley & Co. Inc., RBC Dain Rauscher Inc., UBS Investment Bank and Wachovia Capital Securities LLC.
The financing arm of financial services company HSBC is based in London.
| Issuer: | HSBC Finance Corp.
|
| Issue: | Senior unsecured notes
|
| Amount: | $82.283 million
|
| Joint lead managers: | Banc of America Securities LLC, HSBC Securities, InCapital, LLC
|
| Trade date: | April 14
|
| Settlement date: | April 17
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
|
|
| Three-year tranche
|
| Amount: | $45.638 million
|
| Maturity: | April 15, 2011
|
| Coupon: | 5.15%, payable quarterly
|
| Call: | Non-callable
|
|
|
| Four-year tranche
|
| Amount: | $36.645 million
|
| Maturity: | April 15, 2012
|
| Coupon: | 5.4%
|
| Call: | Non-callable
|
© 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.
