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China Citic Bank calls $500 million undated additional tier 1 notes
By Mary-Katherine Stinson
Lexington, Ky., Oct. 3 – China Citic Bank International Ltd. issued a redemption notice for its 7.1% undated non-cumulative subordinated additional tier 1 capital securities (ISIN: XS1897158546), according to a notice.
The $500 million outstanding notes will be redeemed in full at par on Nov. 6.
The lender is based in Beijing.
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