Wing Hang calls $225 million of 9 3/8% perpetual subordinated notes

By Susanna Moon

Chicago, Aug. 15 - Wing Hang Bank, Ltd. said it is issuing a call to redeem its $225 million 9 3/8% perpetual subordinated notes.

The bank will redeem the notes at par plus accrued interest to but excluding the redemption date of Sept. 11, according to a company notice.

The Bank of New York Mellon is the paying agent.

Wing Hang is a Hong Kong-based provider of commercial banking and related financial services.

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