Banco de Sabadell Announces Early Bond Redemption

Banco de Sabadell (ES:SAB) has released an update.

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Banco de Sabadell has announced an early total redemption of its Mortgage Bonds 2/2020 amounting to 1.5 billion euros, set to take effect on December 19, 2024. This strategic move, involving bonds solely held by the bank, underscores Banco de Sabadell’s proactive management of its financial liabilities.

For further insights into ES:SAB stock, check out TipRanks’ Stock Analysis page.

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