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Published on 5/17/2021 in the Prospect News Investment Grade Daily.

National Australia Bank talks 2031 notes spread at 160 bps area

By Cristal Cody

Chicago, May 17 – National Australia Bank Ltd. is reportedly in the market with a new offering of bonds due May 21, 2031, according to a market source.

The notes are being talked with a spread in the Treasuries plus 160 basis points area.

BofA Securities Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Nabsecurities, LLC and TD Securities (USA) LLC are working as underwriters for the offering.

National Australia Bank is a financial institution based in Melbourne.


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