Faaborg, Denmark, 2011-05-24 14:03 CEST (GLOBE NEWSWIRE) -- The liquidity of Sparekassen Faaborg has developed better than expected since we obtained the governmental guaranteed bond loan in June 2010. Sparekassen has therefore decided to repay DKK 300,000,000 of the above loan by 25 June 2011.
The loan has a maturity of 3 years with an option of full or partial repayment from 25 June 2011 and at each succeeding interest payment date.
For the sake of VP’s handling of the early repayment the denomination will be changed to DKK 0.01.
Questions, if any, concerning the repayment of the bond loan can be addressed to CEO Claus Sejling or CFO Karsten Jakobsen on phone +45 6361 1800.
CEO Claus Sejling or CFO Karsten Jakobsen, phone no +45 6361 1800
