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Bahrain's Arab Banking redeems $25.5 million in floaters due 2017
By Devika Patel
Knoxville, Tenn., Oct. 2 - Arab Banking Corp. (BSC) announced a partial redemption of $25.5 million of its floating-rate medium-term notes due April 4, 2017.
Following this partial redemption, $418.1 million of the notes remain outstanding.
Based in Manama, Kingdom of Bahrain, the issuer is an offshore commercial bank.
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