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SBAB Bank plans to buy back SEK 372 million of notes by Feb. 29
By Tali David
Minneapolis, Feb. 29 - SBAB Bank AB will complete an early repurchase of SEK 372 million of notes, according to a press release.
The bank planned to buy back all SEK 192 million of notes (ISIN: XS0454707505). Following the Feb. 20 transaction, SEK 8 million will remain.
The bank will also buy back SEK 180 million of notes (ISIN: XS0505153626). Following the Feb. 29 transaction, SEK 3,308,000,000 will remain.
SBAB is a Stockholm-based provider of loans and savings services.
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