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Public Bank issues eighth tranche of Sub-Notes worth RM2 bil

Public Bank Bhd (PBB) on Thursday issued the eighth tranche of the subordinated medium term notes (Sub-Notes) programme amounting to RM2 billion. In a filing with Bursa Malaysia, it said the issuance has a coupon/interest rate of 3.93% per annum, and tenure of 10 years, and non-callable for five years.
Kuala Lumpur Securities Commission Malaysia Rating Services Bhd Bank Negara Malaysia Public Bank Bhd Bursa Malaysia

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