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Thailand’s Krung Thai calls all $200 million noncumulative tier I debt
By Tali Rackner
Norfolk, Va., Sept. 9 – Krung Thai Bank PCL is exercising its option to redeem all $220 million of its perpetual noncumulative tier I securities, according to an announcement.
The securities will be redeemed at par plus accrued interest on Oct. 10.
The lender is based in Bangkok.
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