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SpareBank 1 Boligkreditt early redeems NOK 500 million of 5% bonds
By Rebecca Melvin
Concord, N.H., June 14 – SpareBank 1 Boligkreditt AS redeemed NOK 500 million of 5% covered bonds due July 15, 2022, SPBKR18 (ISIN: NO0010622137), according to a company announcement.
The partial repurchase was completed Tuesday and is expected to settle on June 16.
The new outstanding amount of notes is NOK 1,637,500,000.
The issuer is owned by savings banks under the Oslo-based Sparebank 1 brand.
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