Wachovia to redeem notes.

NEW York - Wachovia Corp. of Winston-Salem, N.C., said it intends to redeem on March 4 all its floating-rate subordinated capital notes due August 1996 at 100%,of the face amount plus accrued interest

Morgan Guaranty Trust Co. of New York will be the paying agent.

Wachovia recently sold a $250 million issue of subordinated debt.

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