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KASIKORNBANK to redeem 22B baht of debentures

KASIKORNBANK PCL said it will redeem 4.50% subordinated debentures worth 22.00 billion baht due Feb. 15, 2022.

The redemption will be completed before Feb. 15, 2017.

As of Dec. 19, US$1 was equivalent to 35.89 Thai baht.