HSBC FINANCE CORPORATION
Form 8-K, dated September 23, 2016, filed with the United States Securities and Exchange Commission on September 23, 2016
This filing contains inside information for the purposes of Article 7 of Regulation (EU) No. 596/2014 (the "Market Abuse Regulation"), and constitutes "regulated information" for the purposes of Article 2(1)(k) of Directive 2004/109/EC, as amended (the "Transparency Directive").
Items 2.05 and 2.06 - HSBC Finance Corporation's (the "Company") Board of Directors approved management's recommendation to transfer all of the Company's remaining real estate secured receivables held for investment to receivables held for sale with an aggregate carrying value of approximately $7.8 billion at August 31, 2016 (including accrued interest) as the Company no longer has the intent to hold these receivables.
A copy of the HSBC Finance Corporation Form 8-K dated September 23, 2016 can be found on the U.S. Securities and Exchange Commission website at:
Please direct any inquiries relating to this announcement to:
SVP Investor Relations
1421 West Shure Drive, Suite 100
Arlington Heights, IL 60004
1 224 880 8008
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