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Norway’s Sparebanken Vest repurchases NOK 57 million of tier 1 bonds
Chicago, June 7 – Sparebanken Vest (Aa3) repurchased NOK 57 million of its additional tier 1 bonds (ISIN: NO0010831530) after announcing a new tier 1 bond issue, according to a Wednesday announcement.
The bonds are being repurchased at 100.54.
There will be NOK 193 million of the bonds outstanding after settlement on June 13.
The savings bank is based in Bergen, Norway.
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