UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
March
25, 2013
POPULAR,
INC.
(Exact
name of registrant as specified in its charter)
Puerto Rico |
001-34084 |
66-0667416 |
(State or other jurisdiction of |
(Commission File Number) |
(IRS Employer Identification Number) |
209 Munoz Rivera Avenue
|
00918
|
|
(Address of principal executive offices) |
(Zip code) |
(787) 765-9800
|
(Registrant's telephone number, including area code) |
NOT APPLICABLE
|
(Former name, former address and former fiscal year, if changed since last report) |
Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
⃞
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
⃞
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
⃞
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
⃞
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 8.01 Other Events
On March 22, 2013, Popular, Inc. (“Popular”) announced that Banco Popular de Puerto Rico, its principal banking subsidiary, completed the previously announced sale of a portfolio of non-performing commercial and construction loans, and commercial and single-family real estate owned, with a combined unpaid principal balance on loans and appraised value of other real estate owned of approximately $995 million and book value of approximately $540 million.
Popular has issued a press release in connection with the transaction, a copy of which is attached hereto as Exhibit 99.1. Exhibit 99.1 shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any of the Corporation’s filings under the Securities Act of 1933, as amended, unless otherwise expressly stated in such filing.
Item 9.01 Financial Statements and Exhibits.
The following exhibit shall not be deemed to be "filed" for purposes of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any of the Corporation’s filings under the Securities Act of 1933, as amended, unless otherwise expressly stated in such filing.
Exhibit 99.1 Press release dated March 25, 2013
SIGNATURE
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
POPULAR, INC. |
|||
(Registrant) | |||
Date: |
March 26, 2013 |
By: /s/ Jorge J. García |
|
Jorge J. García |
|||
Senior Vice President and Corporate Comptroller |