Abanka to ditch govt guarantee after buyback

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Abanka to ditch govt guarantee after buyback

Slovenia’s Abanka repurchased €149.41m of its €500m 2012 floating rate notes in a tender offer that expired on Tuesday. The bank paid 100.66 for the notes, within the 100.5-100.8 range, with the price being determined by a modified Dutch auction procedure on Wednesday.

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