Vasakronan to buy back SEK 502 million from three series of notes

By Mary-Katherine Stinson

Lexington, Ky., Oct. 12 – Vasakronan AB will repurchase a total of SEK 502 million from three series of notes on Oct. 13, according to multiple notices.

The notes to be redeemed are the following: SEK 436 million of the SEK 1.5 billion series 36 floating-rate notes due Sept. 11, 2024 (ISIN: XS2051470552), SEK 50 million of the SEK 200 million series 40 floating-rate notes due Nov. 19, 2024 (ISIN: XS2081246337) and SEK 16 million of the SEK 750 million series 99 fixed-rate notes due May 6, 2024 (ISIN: XS2476955328).

After the repurchases, SEK 1.064 billion of the series 36 notes, SEK 150 million of the series 40 notes and SEK 734 million of the series 99 notes remain outstanding.

Vasakronan is a property company based in Stockholm.

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