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Prospect News home > News index > List of issuers Tenders > Headlines for 2023 > News item
Published on 9/28/2023 in the Prospect News Liability Management Daily.

Vasakronan buys back SEK 131 million floaters from two series

By Wendy Van Sickle

Columbus, Ohio, Sept. 28– Vasakronan AB plans to repurchase a total of SEK 850 million of notes from two series, according to multiple notices.

The company will buy back SEK 100 million of its series 83 issue floating-rate notes due Nov. 17, 2023 (ISIN: XS2343565268) on Sept. 29. As a result, SEK 10 million of the original SEK 450 million issue will remain outstanding.

The company also will repurchase SEK 31 million of its series 15 issue floating-rate notes due Feb. 26, 2024 (ISIN: XS1956027277) on Sept. 29, leaving SEK 803 million of the original SEK 834 million outstanding.

Vasakronan is a property company based in Stockholm.


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