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Prospect News home > News index > List of issuers T > Headlines for Tenders 2005 > News item
Published on 5/18/2005 in the Prospect News Emerging Markets Daily.

Korea Exchange Bank calls 13¾% notes due June 2010

By Reshmi Basu

New York, May 18 - Korea Exchange Bank said it plans to redeem its outstanding 13¾% upper tier II subordinated notes due June 30, 2010.

The notes will be redeemed on June 30 at par.

Holders will also receive accrued interest up to but excluding the redemption date.

Deutsche Bank is the fiscal agent (800 735-7777).

Korea Exchange Bank is a South Korean lender and is based in Seoul.


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