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Norway’s SpareBank 1 Boligkreditt considers buyback of tier 2 bonds
Chicago, June 5 – SpareBank 1 Boligkreditt AS is considering a buyback either in whole or in part of an existing tier 2 issue of bonds (ISIN: NO0010826696), according to a notice.
The potential liability management exercise is related to the bank exploring a new issue of tier 2 capital securities of at least NOK 250 million.
The issuer is owned by savings banks under the Oslo-based Sparebank 1 brand.
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