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Kyobo Life to redeem $500 million 3.95% subordinated securities
By Wendy Van Sickle
Columbus, Ohio, June 22 – Kyobo Life Insurance Co. Ltd. will redeem its $500 million of 3.95% subordinated capital securities (Cusip: 501555AA4, 501555AA5), according to a notice.
The securities will be redeemed at par plus accrued interest on July 25.
Citibank, NA, London Branch is the paying agent.
Kyobo is a life insurance company based in Seoul.
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