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Fukoku to redeem $500 million 6.5% perpetual subordinated bonds
By Devika Patel
Knoxville, Tenn., Aug. 1 – Fukoku Mutual Life Insurance Co. plans to redeem all of its $500 million 6.5% step-up callable perpetual subordinated bonds (ISIN: XS0968554609) on Sept. 19 at par plus interest accrued to but excluding the redemption date.
Based in Tokyo, Fukoku offers life insurance products and services.
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