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Bay View Capital to redeem remaining capital securities
New York, May 27 - Bay View Capital Corp. said its Bay View Capital I subsidiary will redeem its remaining $22 million of 9.76% cumulative capital securities on June 30.
The securities will be redeemed at par of $25.00. The $0.61 per security quarterly distribution will be paid on June 30.
Bay View is a San Mateo, Calif. financial services company.
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