NAB launches 10NC5 tier-two transaction
- Tuesday, 26 July 2022
Disclosure type: launch
Issuer name: National Australia Bank (NAB)
Issuer rating: AA-/Aa3/A+
Expected issue rating: BBB+/Baa1/A-
Announcement date: 26 July 2022
Expected pricing date: 26 July 2022
Lead manager: NAB
Transaction type: tier-two
Currency: AUD
Indicative volume: benchmark size
Tenor: 10-year non-call five-year
Coupon type: FRN and/or fixed-to-FRN
Price guidance: 290bp/swap benchmarks
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