SB Funding buys back $101.25 million of its 9 3/8% notes due 2010

By Susanna Moon

Chicago, June 5 - SB Funding Ltd. said it repurchased $101,251,000 of its $125 million of 9 3/8% loan participation notes due 2010.

After the redemption, the outstanding amount will be $23,749,000.

SB Funding is a financing vehicle of Bank Soyuz, a commercial banking company with headquarters in Moscow.

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