Fitch rates National Australia Bank issue A+

Fitch Ratings said it assigned a rating of A+ to National Australia Bank Ltd.’s €750 million Basel III compliant tier 2 issue.

The direct, unsecured and subordinated obligations have been issued under the bank’s $100 billion global medium-term note program.

The final maturity is Nov. 12, 2024, although the bank may redeem the notes Nov. 12, 2019.

The bank’s other ratings are not affected by this action.

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