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Published on 2/21/2012 in the Prospect News Liability Management Daily.

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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