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Bank of Communications to redeem €500 million tier 2 bonds due 2026
By William Gullotti
Buffalo, N.Y., Sept. 2 – Bank of Communications Co., Ltd. will redeem its €500 million tier 2 capital bonds due 2026 (ISIN: XS1115459528), according to a notice Thursday.
The bonds will be redeemed at par plus accrued interest to the redemption date, Oct. 3. Per the notice, due to a holiday, the actual redemption date falls on Oct. 4.
Bank of Communications is based in Shanghai.
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