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BNP Paribas calls $273.87 million undated subordinated floaters
By Mary-Katherine Stinson
Lexington, Ky., Jan. 29 – BNP Paribas SA provided notice of early redemption for its outstanding $273.87 million undated subordinated floating-rate notes (ISIN: FR0008131403) which are trading on the Luxembourg Stock Exchange Regulated Market, according to a notice.
The notes will be redeemed at par on March 28. Accrued interest will also be paid.
The $500 million original issue was sold on Sept. 22, 1986.
BNP Paribas is a Paris-based banking and financial services company.
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