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Published on 10/13/2011 in the Prospect News Liability Management Daily.

SBAB Bank buys back Kr 565 million of notes due Nov. 17

By Tali David

Minneapolis, Oct. 12 - SBAB Bank said it has completed an early repurchase of Kr 565 million of its series 542 notes due Nov. 17, 2011, according to a company filing with the London Stock Exchange.

The original balance of the notes was Kr 1.25 billion. Following this transaction, the remaining outstanding balance is Kr 685 million.

SBAB is a Stockholm-based provider of loans and savings services


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