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China Taiping to redeem $600 million perpetuals Sept. 10
By Sarah Lizee
Olympia, Wash., July 25 – China Taiping Insurance Holdings Co. Ltd. plans to redeem its $600 million of perpetual subordinated capital securities, according to a notice.
The securities will be redeemed on Sept. 10 at par plus accrued distributions.
China Taiping Insurance is an insurance conglomerate based in Hong Kong.
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