Korea Exchange Bank calls $300 million 5% lower tier 2 notes due 2015

By Marisa Wong

Milwaukee, April 28 - The Korea Exchange Bank gave notice that it will redeem its $300 million 5% lower tier 2 subordinated notes due 2015.

The Seoul-based bank will redeem the notes on June 10 at par, plus accrued interest up to the redemption date.

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