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China Citic Bank calls $500 million undated additional tier 1 notes
By Marisa Wong
Los Angeles, Sept. 23 – China Citic Bank International Ltd. issued a redemption notice for its 4¼% undated non-cumulative subordinated additional tier 1 capital securities (ISIN: XS1499209861).
The $500 million outstanding notes will be redeemed in full at par on Oct. 11.
The lender is based in Beijing.
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