Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Sparekassen Faaborg AS > News item |
Sparekassen Faaborg to pay down Kr. 100 million on bond loan in 2013
By Ashley Montgomery
Kansas City, Kan., Nov. 1 - Sparekassen Faaborg AS plans to prepay Kr. 100 million on its government guaranteed bond loan, according to a notice.
The company obtained two loans, of Kr. 500 million each, in 2010. In August, the company said it prepaid the remaining balance on one of the loans and Kr. 50 million on the second loan.
Sparekassen now plans to prepay an additional Kr. 100 million on the second loan by June 2013. Following that payment, the outstanding amount on the loan will be Kr. 350 million.
The bank is based in Faaborg, Denmark.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.