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Norway’s Sbanken buys back NOK 115 million of notes due 2019
By Wendy Van Sickle
Columbus, Ohio, June 27 – Sbanken Boligkreditt AS bought back NOK 115 million of its notes due Oct. 29, 2019.
After the repurchase, there is NOK 1.19 billion of the notes left outstanding, according to the notice.
The notes were issued in 2015.
Sbanken is a vehicle for funding residential mortgages for Sbanken group. It issues covered bonds based on residential mortgages. Sbanken Boligkreditt was formerly known as Skandiabanken Boligkreditt AS and changed its name on Nov. 6, 2017. The company is based in Bergen, Norway.
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