SBAB Bank plans to buy back floating-rate notes due 2012 and 2013

By Ashley Montgomery

Kansas City, Kan., Jan. 12 - SBAB Bank AB said it would repurchase portions of its floating-rate notes from three series.

The following issues are affected:

• SEK 300 million of series 534 floating-rate notes due October 2012, to be repurchased Jan. 19;

• €1.25 billion of series 566 floating-rate notes due Feb. 1, 2013, to be repurchased Jan. 16;

• €750 million of series 559 floating-rate notes due Sept. 16, 2013, to be repurchased Jan. 13; and

• €740 million of series 559 floating-rate notes due Sept. 16, 2013, to be repurchased Jan. 16.

SBAB, based in Stockholm, is a provider of loans and savings services.

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