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Hong Kong’s OCBC Wing Hang Bank calls $400 million 6% perpetual notes
By Marisa Wong
Morgantown, W.Va., March 21 – OCBC Wing Hang Bank Ltd. issued a notice of redemption for its $400 million 6% step-up perpetual subordinated notes on Tuesday.
The issuer plans to redeem all of the outstanding notes on April 30 at par plus accrued interest to the redemption date.
Bank of New York Mellon is the agent.
The bank is based in Hong Kong.
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