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Investec to redeem €200 million fixed-to-floating perpetual preferreds
By Susanna Moon
Chicago, May 18 – Investec plc announced the redemption of the €200 million fixed-to-floating guaranteed non-voting non-cumulative perpetual preferred securities issued by Investec Tier 1 (UK) LP.
The company provides a subordinated guarantee to Investec Tier 1 (UK) LP, according to a company notice.
Investec is London-based financial services company. specialist bank and asset manager.
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