Commonwealth Bank of Australia ( (AU:CBA) ) just unveiled an update.
The Commonwealth Bank of Australia announced the redemption of its CommBank PERLS X Capital Notes on 15 April 2025, with each note being redeemed at its face value of A$100. This move is part of the bank’s capital management strategy, and the final distribution for these notes will also be paid on the same date. The announcement specifies that this redemption does not necessarily indicate similar actions for other capital instruments, which remain subject to their terms and regulatory approval.
More about Commonwealth Bank of Australia
Commonwealth Bank of Australia (CBA) is a major financial institution in Australia, offering a wide range of financial services including retail, business, and institutional banking. It is a leading provider in the Australian banking sector, known for its comprehensive suite of financial products and services.
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