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Sparebanken Sogn og Fjordane eyes redemption of tier 2 bonds
By Rebecca Melvin
New York, May 6 – Sparebanken Sogn og Fjordane said it may repurchase all or parts of its tier 2 notes with ISIN NO0010724412.
The Norwegian lender would concurrently issue NOK 200 million of new tier 2 notes.
The new notes will be non-callable for six years.
SpareBank 1 Markets AS is mandated to manage the transaction.
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