(Reuters) - Resona said it would make the repayment next Wednesday,
leaving it with 45 billion yen worth of perpetual subordinated
bonds outstanding to a government body called the Resolution and
Collection Corporation.
Resona, which was effectively nationalised in a public
rescue in 2003, received about 3 trillion yen from the state,
including earlier bailouts of predecessor banks in 1998 and
1999.
Read more at Reuters.com Bonds News
leaving it with 45 billion yen worth of perpetual subordinated
bonds outstanding to a government body called the Resolution and
Collection Corporation.
Resona, which was effectively nationalised in a public
rescue in 2003, received about 3 trillion yen from the state,
including earlier bailouts of predecessor banks in 1998 and
1999.
Read more at Reuters.com Bonds News
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