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SBAB Bank to redeem SEK 1 billion floaters due 2025 on June 11
By Sarah Lizee
Olympia, Wash., April 21 – SBAB Bank AB plans to redeem its SEK 1 billion floating-rate subordinated notes due June 2025 (ISIN: XS1245415812) on June 11, according to a notice.
The notes will be redeemed at par plus accrued interest to but excluding the redemption date.
SBAB Bank is a Stockholm-based provider of loans and savings services.
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