You are here

Home > Banking & Finance

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

Mon, Feb 17, 2020 - 6:30 AM

WH_National Australia Bank _100338.jpg
National Australia Bank Ltd said on Monday it would raise about A$750 million (S$701 million) through the issue of its capital notes.
PHOTO: REUTERS

[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

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Banking & Finance

Goldman Sachs profit more than doubles on underwriting, trading boost

HSBC to axe 82 branches in UK, cut services in others

Bank of America profit falls as consumer banking business falters

HDB issues S$800m notes due in 2026

High Court decision reshapes earlier ruling on creditors' claim on joint bank accounts

Ex-regional MD of WeWork launches fintech firm with buy-now-pay-later solution

BREAKING NEWS

Jan 20, 2021 12:28 AM
Government & Economy

Yellen says aid to jobless, small firms 'biggest bang' for buck

[WASHINGTON] Janet Yellen told lawmakers Tuesday that help for the unemployed and small businesses would provide...

Jan 20, 2021 12:19 AM
Government & Economy

China defends early actions on Covid-19 after panel report

[GENEVA] China on Tuesday defended its early actions taken to fight the Covid-19 outbreak, saying that it...

Jan 19, 2021 11:54 PM
Transport

GM, Microsoft lead US$2b round for self-driving startup

[DETRIOT] General Motors and Microsoft are leading a US$2 billion investment round in self-driving car startup...

Jan 19, 2021 11:44 PM
Transport

FedEx to cut up to 6,300 jobs in Europe on TNT integration

[MEMPHIS] FedEx is planning to cut as many as 6,300 jobs in Europe as the courier completes the process of...

Jan 19, 2021 11:18 PM
Stocks

US: Wall St opens higher ahead of Yellen speech, spotlight on earnings

[NEW YORK] Wall Street's main indexes rose on Tuesday after upbeat earnings from big US banks and Halliburton, while...

RECOMMENDED FOR YOU

New local Covid-19 cluster; 8-year-old boy added to para-vet cluster

HDB issues S$800m notes due in 2026

Broker's take: DBS sees 'pre-emptive' policy response to curb higher property prices

Entities of Eagle Hospitality Trust file for bankruptcy protection in Delaware court

ARA Logos Logistics Trust announces results of preferential offering

STAY UPDATED

Choose which free BT newsletters to sign up for here, or get them all below:

By signing up, you agree to our Privacy Policy and Terms and Conditions.

subscribe to
The Business Times
Stay connected with The Business Times
premium content on your favourite platforms
CALL 6388 3838
SUBSCRIBE NOW
Download Our
Apps
Stay up to date with The Business Times for