Faaborg, Denmark, 2012-08-23 11:00 CEST (GLOBE NEWSWIRE) -- The liquidity of Sparekassen Faaborg has developed better than expected since we obtained the governmental guaranteed bond loans of DKK 1b in June 2010, the reason why we prepaid DKK 300m in May 2011 and now are capable of prepaying additional DKK 250m.
On 25 September 2012 the original bond loan of DKK 500m, ISIN code DK0030252762, maturity 25 June 2013, will be fully repaid by DKK 200m.
Before the end of August 2012 the bond loan of DKK 500m, ISIN code DK0030251608, maturity 13 June 2013, will be partially prepaid by DKK 50m.
Claus Sejling, CEO, phone no +4563611814
Karsten R. Jakobsen Vice director/CFO, phone no +4563611875
