REPL::Issuer's Early Redemption (Call Option)::Mandatory

Issuer & Securities

Issuer/ Manager
WING LUNG BANK LIMITED
Security
WINGLUNG BK US$200M3.5%N221107 - XS0848710108 - 2LCB

Announcement Details

Announcement Title
Issuer's Early Redemption (Call Option)
Date &Time of Broadcast
07-May-2018 16:03:46
Status
Replacement
Corporate Action Reference
SG180430MCALKBC4
Submitted By (Co./ Ind. Name)
Securities Market Control
Designation
SGX-ST
Original Maturity Date
07/11/2022

Event Narrative

Narrative Type
Narrative Text
Additional TextWing Lung Bank Limited announces that on 12 April 2018, WLB notified the holders of USD 200 Million Subordinated Fixed Rate Notes due 2022 issued on 6 November 2012 (the "Notes") that it will redeem on 7 May 2018 all of the outstanding Notes at par. Details of the redemption are included in the attached file.
Additional TextWing Lung Bank Limited hereby announces that it has today redeemed all of its outstanding US$200,000,000 fixed rate notes due 2022 in accordance with the provisions of the trust deed governing the notes. All redeemed notes will be cancelled.

Disbursement Details

Existing Security Details
Cash Payment Details
Redemption Rate (%)
100
Pay Date
07/05/2018

Attachments

WLB 2012Notes early redemption.pdf
WLB 2012Notes early redemption completion.pdf
Total size =358K

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30/04/2018 17:36:15

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.