TORONTO, June 15, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company)(TSX:HCG), in response to a request by Market Surveillance (IIROC), makes the following comment on trading activity in Home Capital stock on Wednesday, June 14:
Home Capital is aware of recent media reports concerning a potential refinancing transaction. The Company has previously indicated that it is pursuing additional financing and strategic options. As a general policy, the Company does not comment on speculation and rumours. The Company will inform the market as required but does not intend to make any further comment or release regarding speculation.
Caution Regarding Forward-looking Statements
This press release contains forward-looking information within the meaning of applicable Canadian securities legislation. Please refer to the Home Capital's 2016 Annual Report, available on Home Capital's website at www.homecapital.com, and on the Canadian Securities Administrators' website at www.sedar.com, for Home Capital's Caution Regarding Forward-looking Statements.
About Home Capital Group Inc.
Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of insured residential mortgage products, consumer lending and credit card services. In addition, Home Trust offers deposits via brokers and financial planners, and through its direct to consumer deposit brand, Oaken Financial. Home Trust also conducts business through its wholly owned subsidiary, Home Bank. Licensed to conduct business across Canada, Home Trust has offices in Ontario, Alberta, British Columbia, Nova Scotia, Quebec and Manitoba.
SOURCE Home Capital Group Inc.
For further information: Investors: Laura Lepore, Assistant Vice President, Investor Relations, (416) 933-5652, [email protected]; Media: Boyd Erman, Longview Communications Inc., (416) 649-8007, [email protected]; or Peter Block, Longview Communications Inc., (416) 649-8008, [email protected]