Commonwealth Bank of Australia (ASX:CBA) is set to redeem all PERLS X capital notes on issue on April 15 for their face value of AU$100 per note, according to a Monday Australian bourse filing.
The last day of trading in PERLS X on the Australian Securities Exchange is expected to be April 3, the filing added.
The redemption proceeds will be paid in the same manner in which distributions on PERLS X have previously been paid, per the filing.
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