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Malaysia’s RHB Investment redeems all RM 125 million subordinated notes
By Marisa Wong
Madison, Wis., April 9 – Malaysia’s RHB Capital Bhd. announced that wholly owned subsidiary RHB Investment Bank redeemed its RM 125 million of existing subordinated notes in full on April 6.
The notes were issued under the bank’s RM 400 million subordinated medium-term note program.
The notes were issued on April 6, 2010 by former OSK Investment Bank Bhd., now known as OSKIB Sdn. Bhd. and undertaken by RHB Investment Bank as of April 13, 2013.
RHB Capital is a Kuala Lumpur-based financing firm.
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