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Published on 7/25/2011 in the Prospect News Liability Management Daily.

Swedbank buys back €2 million step-up notes, SEK 500 million floaters

By Toni Weeks

San Diego, July 25 - Swedbank AB UK repurchased a portion of two series of securities, according to a company filing with the London Stock Exchange.

On July 13, it repurchased €2 million of callable subordinated step-up notes due Sept. 27, 2017 (ISIN: XS0322614420), leaving €357,526,000 of the notes outstanding.

On July 21, it repurchased SEK 500 million of floating-rate S.O. bonds due Sept. 5, 2012 (ISIN: XS0492071740), leaving SEK 1.82 billion of the bonds outstanding.

The financial services company is based in Stockholm.


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