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Prospect News home > News index > List of issuers R > Headlines for Rizal Commercial Banking Corp. > News item
Published on 6/3/2015 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Philippines’ Rizal to redeem $100 million 9 7/8% perpetuals on July 24

By Marisa Wong

Madison, Wis., June 3 – Rizal Commercial Banking Corp. said it will redeem its $100 million of 9 7/8% non-cumulative step-up perpetual securities on July 24.

The Bangko Sentral ng Pilipinas approved the early redemption last month, but the redemption date had not yet been set, according to a previous announcement.

The bank is based in Makati City, Philippines.


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