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Prospect News home > News index > List of issuers S > Headlines for SBAB Bank AB > News item
Published on 2/18/2020 in the Prospect News Liability Management Daily.

SBAB Bank to redeem SEK 1.5 billion of perpetual notes on March 16

By Sarah Lizee

Olympia, Wash., Feb. 18 – SBAB Bank AB will redeem its SEK 400 million fixed-to-floating rate perpetual additional tier 1 capital notes (ISIN: XS1202975386) and SEK 1.1 billion floating-rate perpetual additional tier 1 capital notes (ISIN: XS1202987985) on March 16, according to a notice.

The redemption price will be par plus accrued interest, if any, to but excluding the redemption date.

SBAB Bank is a Stockholm-based provider of loans and savings services.


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