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SpareBank to redeem floating-rate perpetual notes on June 25
By Marisa Wong
Morgantown, W.Va., May 6 – SpareBank 1 Boligkreditt said it will redeem its floating-rate perpetual notes (NO0010713746) on June 25 at par.
The additional tier 1 capital securities were issued in June 2014.
SpareBank is a is a Stavanger, Norway-based covered bond issuer jointly owned by the saving banks working closely together under the SpareBank 1 brand.
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