Swedbank retires €1bn in GG buyback

By Tom Porter
19 Jun 2013

Swedbank has bought back just over €1bn equivalent of debt guaranteed by the Swedish government.

Swedbank made an any-and-all tender offer on June 10 to holders of four securities in euros, Swedish krona and Swiss francs in an attempt to retire the bulk of its government-guaranteed debt left over from the financial crisis.

The Swedish bank has now accepted all €1.05bn equivalent ...

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