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Vasakronan to repurchase SEK 101 million from two series of notes
By Mary-Katherine Stinson
Lexington, Ky., Nov. 27 – Vasakronan AB will buy back a total of SEK 101 million from two series of notes, according to multiple notices.
The company plans to buy back SEK 70 million of its SEK 405 million floating-rate notes due Feb. 26, 2024 (ISIN: XS1956027277) on Nov. 28, leaving SEK 335 million outstanding.
Also, Vasakronan said it will repurchase SEK 31 million of its SEK 850 million series 96 floating-rate notes due Feb. 21, 2025 (ISIN: XS2446858032) on Nov. 29. After the transaction, SEK 719 million of the notes will remain outstanding.
Vasakronan is a property company based in Stockholm.
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