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Prospect News home > News index > List of issuers L > Headlines for Land Bank of the Philippines > News item
Published on 4/9/2012 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Land Bank of the Philippines redeems $150 million 7¼% notes due 2016

By Marisa Wong

Madison, Wis., April 9 - The Land Bank of the Philippines announced on Monday that it exercised the call option to redeem its $150 million 7¼% subordinated notes due 2016 in whole.

The notes were redeemed at par on Oct. 19.

The Manila-based financial institution said the notes will be delisted from the Singapore Exchange Securities Trading Ltd. in due course.


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