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Noba Bank Group Plans Early Redemption of SEK2 Billion of Notes

MT Newswires·09/30/2026 04:11:35
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04:11 AM EDT, 09/30/2026 (MT Newswires) -- Noba Bank Group (NOBA.ST) plans to redeem 1.40 billion kronor of additional tier 1 notes and 650 million kronor of subordinated tier 2 notes on Oct. 29 after approval from the Swedish Financial Supervisory Authority. The specialist bank will redeem the notes at 100% of their nominal amount, along with accrued and unpaid interest up to and including the redemption date, according to a Wednesday release. Noba Bank will delist the notes from Nasdaq Stockholm after the redemption.