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Published on 9/17/2014 in the Prospect News Liability Management Daily.

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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