Public Bank To Fully Redeem Subordinated Notes On Nov 6

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KUALA LUMPUR, Oct 23 – Public Bank Bhd will fully redeem its RM200 million 4.6 per cent subordinated notes together with accrued interest on Nov 6, 2014. In a filing to Bursa Malaysia Thursday the bank said it had on Nov 6, 2009 issued the RM200 million subordinated notes due 2019 callable with step-up on Nov 6, 2014 at coupon rate of 4.60 per cent per annum.

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