Malaysia's Public Bank offers 5 billion ringgit lower tier II subordinated notes

By Aaron Hochman-Zimmerman

New York, March 18 - Public Bank Bhd. announced an offering of 5 billion ringgit lower tier II subordinated notes, according to a press release.

Public Investment Bank will act as the bookrunner for the deal.

The notes come from Public Bank's medium-term note program.

Public Bank is a Kuala Lumpur-based retail and commercial bank.

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