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KBC Group exercises call option for tier 1 securities from 2019
Chicago, Jan. 9 – KBC Group NV is exercising its call option for the €500 million additional tier 1 securities issued in 2019 (ISIN: BE0002638196), according to a press release.
The group is also calling the subordinated intercompany loan of the same amount that KBC Group NV granted to KBC Bank NV.
The call date is March 5.
KBC Group is a Brussels-based bank and insurance group.
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