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Alliance Bank Malaysia redeems 600M ringgit of notes

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Alliance Bank Malaysia redeems 600M ringgit of notes

AllianceFinancial Group Bhd. subsidiary Alliance Bank Malaysia Bhd. on April 8 fully redeemedits 600 million ringgit of subordinated medium-term notes, the group said in anexchange filing the same day.

The notes were issued April 8, 2011, under the bank's 1.5billion ringgit subordinated medium-term notes program.

As of April 8, US$1was equivalent to 3.90 Malaysian ringgit.