VANCOUVER, British Columbia, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Central 1 Credit Union (Central 1) today announced that on October 14, 2021 it will redeem at par all of its issued and outstanding Series 6 Subordinated Notes due October 14, 2026 (the Notes). The Notes are redeemable at Central 1's option on or after October 14, 2021 at a redemption price per Note equal to par, together with accrued and unpaid interest up to but excluding the date of redemption. Formal notice will be delivered to Noteholders in accordance with Central 1's Sixth Supplemental Trust Indenture.
About Central 1
Central 1 cooperatively empowers credit unions and other financial institutions who deliver banking choice to Canadians. With assets of $13.2 billion as at June 30, 2021, Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com.
Contacts
Media:
Julie Breuer
VP Stakeholder Relations & Communications
Central 1 Credit Union
T 604.714.6377 or 1.800.661.6813 ext. 6733
E jbreuer@central1.com
Investors:
Brent Clode
Chief Investment Officer
Central 1 Credit Union
T 905-282-8588 or 1 800.661.6813 ext. 8588
E bclode@central1.com
