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Published on 4/21/2008 in the Prospect News Investment Grade Daily.

New Issue: HSBC prices $44.49 million of 5.6% notes

By Laura Lutz

Des Moines, April 21 - HSBC Finance Corp. plans to sell $44.49 million of 5.6% senior unsecured notes due April 15, 2014, according to a 424B3 filing with the Securities and Exchange Commission.

Banc of America Securities LLC, HSBC Securities (USA) Inc. and Incapital, LLC are the joint lead managers and lead agents.

Charles Schwab & Co., Inc.; Citigroup; Edward D. Jones & Co., LP; Fidelity Capital Markets Services, a division of National Financial Services, LLC; Merrill Lynch & Co.; Morgan Stanley; RBC Dain Rauscher Inc.; UBS Investment Bank; and Wachovia Securities also are agents.

Interest will be payable semi-annually.

The notes are non-callable.

Issuer:HSBC Finance Corp.
Issue:Senior unsecured notes
Amount:$44,488,000
Maturity:April 15, 2014
Coupon:5.6%, payable semi-annually
Price:Par
Yield:5.6%
Call:Non-callable
Pricing date:April 21
Agents:Banc of America Securities LLC (lead); HSBC Securities (USA) Inc. (lead); Incapital, LLC (lead); Charles Schwab & Co., Inc.; Citigroup; Edward D. Jones & Co., LP; Fidelity Capital Markets Services, a division of National Financial Services, LLC; Merrill Lynch & Co.; Morgan Stanley; RBC Dain Rauscher Inc.; UBS Investment Bank; Wachovia Securities
Ratings:Moody's: Aa3
S&P: AA-

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