Hong Leong Bank redeems MTNs due in 2019


PETALING JAYA: Hong Leong Bank Bhd has made an early redemption of RM250mil callable subordinated medium-term notes (MTNs) with step-up, which are due in 2019.

In an announcement, the lender said it had fully redeemed the RM250mil 5.75% subordinated MTNs yesterday, five years ahead of its maturity.

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