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National Australia Bank to raise A$750m via capital notes issue

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National Australia Bank Ltd said on Monday it would raise about A$750 million (S$701 million) through the issue of its capital notes.

[BENGALURU] National Australia Bank Ltd said on Monday it would raise about A$750 million (S$701 million) through the issue of its capital notes.

NAB said that once issued, the capital notes would qualify as additional tier 1 capital for the group.

REUTERS