NIBC Bank buys back €384m of GG debt

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NIBC Bank buys back €384m of GG debt

NIBC Bank failed to reach the spending cap on the European part of its government guaranteed buyback, which expired this week. But the issuer was not discouraged — the lower take-up allowed it to increase the amount it can spend in the US dollar part of the tender offer, helping it further reduce its GG debt burden.

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