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Published on 6/9/2008 in the Prospect News Investment Grade Daily.

New Issue: HSBC Finance prices $102.22 million senior notes in two tranches

By Andrea Heisinger

Omaha, June 9 - HSBC Finance Corp. priced $102.22 million senior unsecured notes (Aa3/AA-/) in two tranches Monday, according to a 424B3 filing with the Securities and Exchange Commission.

The issue consisted of $73.58 million of 5% notes due 2011 and $28.65 million of 5.25% notes due 2012.

The notes are non-callable.

Lead managers and agents were Banc of America Securities LLC, HSBC Securities Inc. and Incapital, LLC.

Co-managers were Charles Schwab & Co., Inc., Citigroup Global Markets Inc., Edward D. Jones & Co., LP, Fidelity Capital Markets Services, a division of National Financial Services, LLC, Merrill Lynch, Pierce, Fenner & Smith, Inc., Morgan Stanley & Co., Inc., RBC Dain Rauscher Inc., UBS Investment Bank and Wachovia Capital Markets.

The financial services company is based in London.

Issuer:HSBC Finance Corp.
Issue:Senior unsecured notes
Amount:$102.222 million
Trade date:June 9
Settlement date:June 12
Ratings:Moody's: Aa3
Standard & Poor's: AA-
Notes due 2011
Amount:$73.576 million
Maturity:Dec. 15, 2011
Coupon:5%, payable semiannually
Call:Non-callable
Notes due 2012
Amount:$28.646 million
Maturity:Dec. 15, 2012
Coupon:5.25%
Call:Non-callable

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