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Household Capital Trust VI, 8 1/4% Trust Preferred Securities
Ticker Symbol: HI-F* CUSIP: 44180T205 Exchange: NYSE
* NOTE: This security is no longer trading as of 3/13/2006
Security has been Called for: Monday, March 13, 2006
Jan. 30, 2006 -- HSBC Finance announced today that it will call all 8,000,000 shares of its Household Capital Trust VI 8 1/4% Junior Subordinated Deferrable Interest Notes due January 30, 2031 (NYSE: HIPRF, CUSIP 44180T205). The redemption price for each issue will be $25 plus accrued interest to the redemption date, that in each case will be March 13, 2006. The final payment on the Household Capital Trust VI 8 1/4% Notes will be made by J.P. Morgan Trust Company, National Association and only upon presentation and surrender of your Note(s) at the office of the J.P. Morgan Trust Company, National Association.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Household Capital Trust VI, 8 1/4% Trust Preferred Securities, liquidation amount $25 per security, guaranteed by Household Intl, Inc. (NYSE: HI), redeemable at the issuer's option on or after 1/30/2006 at $25 per share plus accrued an unpaid dividends, maturing 1/30/2031, distributions of 8 1/4% ($2.0625) per annum are paid quarterly on 1/30, 4/30, 7/30 & 10/30 to holders of record one business day prior to the payment date while the securities remain in book-entry form. The company has the right, at any time, to defer dividend payments for up to 20 consecutive quarters (but not beyond the maturity date). The trust's assets consist of the 8 1/4% Junior Subordinated Deferrable Interest Notes due 1/30/2031 which were purchased from the company using the funds generated from the sale of the trust preferred securities. See the IPO prospectus for further information on the trust preferred securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (HBC)
IPO - 1/26/2001 - 8.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $206.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Foreign Address and Phone Numbers |
| Address: 8 Canada Square, London E14 5HQ, United Kingdon |
| Main Phone Number |
+44-20-7991-8888 |
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Inv Rel Phone Number
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+44-20-7991-8041 |
| Address and Phone Numbers |
| U.S. Representative |
HSBC North America Holdings Inc. |
| Address: 26525 N. Riverwoods Boulevard, Mettawa, IL 60045 |
| Main Phone Number |
212-525-5000 |
| Fax Number |
224-544-4400 |
| Investor Relations
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224-544-4400
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Toll Free Phone Number |
Unknown |
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