General Announcement for PLC

11/04/2022

OTHERS PUBLIC BANK BERHAD (PBB) - EARLY REDEMPTION OF RM2.0 BILLION 4.85% SUBORDINATED MEDIUM TERM NOTES (SUB-NOTES) UNDER A BASEL III-COMPLIANT TIER 2 SUBORDINATED MEDIUM TERM NOTES PROGRAMME OF UP TO RM10.0 BILLION IN NOMINAL VALUE [SUB-NOTES PROGRAMME) DUE ON 23 APRIL 2027 AND CALLABLE ON 25 APRIL 2022

PUBLIC BANK BERHAD

Type Announcement
Subject OTHERS
Description 
PUBLIC BANK BERHAD (PBB) -

EARLY REDEMPTION OF RM2.0 BILLION 4.85% SUBORDINATED MEDIUM TERM NOTES (SUB-NOTES) UNDER A BASEL III-COMPLIANT TIER 2 SUBORDINATED MEDIUM TERM NOTES PROGRAMME OF UP TO RM10.0 BILLION IN NOMINAL VALUE [SUB-NOTES PROGRAMME) DUE ON 23 APRIL 2027 AND CALLABLE ON 25 APRIL 2022

PBB had on 25 April 2017 issued RM2.0 billion sub-notes due on 23 April 2027 and callable on 25 April 2022 at coupon rate of 4.85% per annum under the Sub-Notes Programme.

 

PBB wishes to announce that the notice of early redemption has been given to the noteholders that PBB will fully redeem the outstanding principal together with the accrued interest on 25 April 2022.

 

This announcement is dated 11 April 2022.



Announcement Info

Company Name PUBLIC BANK BERHAD
Stock Name PBBANK
Date Announced 11 Apr 2022
Category General Announcement for PLC
Reference Number GA1-08042022-00040


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