Public Bank to fully redeem RM450m notes on Oct 29

Public Bank hits a fresh record high of RM21.30

KUALA LUMPUR: Public Bank Bhd plans to redeem the RM450mil subordinated notes with accured interest on Oct 29.

The banking group said on Thursday the notes were issued on Oct 28, 2013 and callable on Oct 29, this year at a coupon rate of 4.77% per annum.

It has given a notice of early redemption to the noteholders.