Prospectus excerpt:  Popular Capital Trust II is offering trust preferred securities, which we refer to in this prospectus supplement as “capital securities,” that Popular, Inc. will fully and unconditionally guarantee, based on its combined obligations under a guarantee agreement, a trust agreement and a junior subordinated indenture. Popular Capital Trust II will redeem the capital securities on December 1, 2034, and may redeem them earlier, subject to any required prior approval of the Federal Reserve or its district reserve bank. The capital securities may be redeemed, in whole or in part, at any time on or after December 1, 2009 at a redemption price equal to 100% of the liquidation amount, plus accumulated and unpaid distributions to the date of redemption. In addition, the capital securities may be redeemed in whole if adverse changes in tax law, investment company law or banking laws or regulations occur. There is currently no market for the capital securities. The capital securities have been approved for quotation on the Nasdaq National Market under the symbol “BPOPM.” Trading of the capital securities on the Nasdaq National Market is expected to commence within 30 days after initial delivery of the capital securities.