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Published on 2/27/2014 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Malaysia's Hong Leong redeems RM 410 million 5¾% notes due 2019

By Marisa Wong

Madison, Wis., Feb. 27 - Malaysia's Hong Leong Bank Bhd. said it redeemed in full the RM 410 million of 5¾% subordinated medium-term notes due Feb. 27, 2019 issued by EON Bank Bhd.

The notes were redeemed on Thursday.

EON Bank issued the notes in February 2009, and the notes were vested in Hong Leong in July 2011.

EON is now part of the Hong Leong group, which is based in Kuala Lumpur.


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