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AgriBank to redeem $500M of notes


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AgriBank to redeem $500M of notes

AgriBank FCBwill redeem all of the outstanding principal amount of its $500 million 9.125% subordinatednotes due July 2019 on July 15.

AgriBank's board on April 20 voted to redeem the subordinatednotes at a redemption price of 100% of the principal amount of the subordinatednotes together with accrued and unpaid interest up to, but excluding, the redemptiondate.

The fiscal agent for the redemption is Bank of New York MellonTrust Co. NA.