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Aryzta exercises call on 5% perpetual callable subordinated instrument
By Tali Rackner
Norfolk, Va., Sept. 17 – Aryzta AG exercised the call option on its CHF 400 million 5% perpetual callable subordinated instrument, according to a notice.
The hybrids will be redeemed at par plus accrued interest on Oct. 28.
The company runs a specialty bakery business based in Zurich.
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