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SBAB Bank repurchases SEK 50 million of series 553 notes due 2012
By Tali David
Minneapolis, Jan. 20 - SBAB Bank AB repurchased SEK 50 million of its series 553 notes, according to a new release.
The notes, which are due Oct. 29, 2012, were redeemed on Jan. 19. Following the transaction, SEK 3.5 billion of the notes remain outstanding.
SBAB Bank is a Stockholm-based provider of loans and savings services.
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