“Kasikornbank” plans to redeem 6.5 billion baht of capital instruments before maturity – 3.95% interest payments on 9 April 2021.
Reporters reported that on February 22, 2021, Kasikorn Bank (KBANK) has notified the Stock Exchange of Thailand. To prepare for redemption “Subordinated instruments to be counted as Class 2 Capital Fund, Kasikornbank Public Company Limited No. 1/2015 due 2026” before maturity, total value 6,500 million baht.
The Bank will repay the principal plus interest on the last installment on April 9, 2021 at the interest rate of 3.95% per annum, using the calculation period for 90 days between 9 January 2021 and 9 April 2021
Which will redeem capital instruments before maturity, both the amount of the principal outstanding To fund holders whose names are listed in the registration book to suspend the transfer of ownership for principal and interest payments as of March 26, 2021 at 12.00
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