Hong Kong’s Dah Sing Bank completes redemption of all tier 2 notes

Chicago, Dec. 1 – Dah Sing Bank Ltd. said that it has completed the redemption of all $250 million tier 2 dated subordinated notes due 2026, according to a press release.

The notes were issued under the $2 billion euro medium-term note program.

As of Nov. 30, all of the notes have been canceled and no notes remain outstanding.

The notes will be delisted on Dec. 8.

The issuer is Hong Kong-based financial institution.

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