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SBAB Bank repurchases €202 million of series 578 notes due 2014
By Tali David
Minneapolis, Feb. 21 - SBAB Bank AB completed an early repurchase of €202 million of series 578 notes due Oct. 13, 2014, according to a press release.
The bank bought back €10 million of the notes on Feb. 17 and €192 million more on Feb. 20.
Following the Feb. 20 transaction, €538 million remains outstanding.
SBAB is a Stockholm-based provider of loans and savings services.
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