Caltex Australia (ASX: CTX) today announced its intention to redeem the Caltex Subordinated Notes (ASX: CTXHA) at the first optional call date on the 15th of September 2017.
Noteholders as at 7th of September 2017 (the Record Date) will be entitled to par value plus the final interest payment of $1.5678 per note on the first optional call date (15 September 2017).
The notes are expected to cease trading on the 6th of September 2017.
The group has stated the redemption will be funded out of existing bank debt facilities.
