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Wing Hang calls 5.25% notes
New York, Sept. 23 - Wing Hang Bank Ltd. said it will redeem its $325 million of 5.25% subordinated guaranteed notes due 2013 issued by Wing Hang Financial Holding (BVI) Ltd.
The notes will be repaid on Oct. 10 at par plus accrued interest up to but excluding the redemption date.
Wing Hang issued the notes as an original $275 million and a further $50 million in September and October 2003.
The company is a Hong Kong-based provider of commercial banking and related financial services.
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