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Prospect News home > News index > List of issuers L > Headlines for Laurentian Bank of Canada > News item |
Laurentian to redeem C$350 million 4.25% notes due 2027
By Wendy Van Sickle
Columbus, Ohio, May 3 – Laurentian Bank of Canada plans to redeem all C$350 million 4.25% notes due June 22, 2027, according to a press release.
The non-viability contingent capital subordinated debt will be redeemed on June 22 at par with accrued interest up to but excluding the redemption date.
Laurentian is a Montreal-based bank.
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