You are here

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

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.

[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