National Australia Bank buys back $4.5 million subordinated floaters

By Angela McDaniels

Tacoma, Wash., June 6 – National Australia Bank Ltd. repurchased $4.5 million principal amount of its $250 million undated subordinated floating-rate notes issued on Oct. 9, 1986, according to a filing with the London Stock Exchange.

The repurchased notes have been surrendered for cancellation.

The repurchase leaves $72.14 million principal amount of notes outstanding.

National Australia Bank is based in Melbourne.

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