Australia's NAB adds A$310 mln to May 2013 notes

Thu Jun 5, 2008 8:16pm EDT
 
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 SYDNEY, June 6 (Reuters) - National Australia Bank (NAB.AX)
(NAB), Australia's top lender by assets, said it has added
A$310 million ($298 million) to its bond issue due May 2013 and
has priced the increase at 104 basis points over BBSW.
  The deal details are as follows:
  Issuer:         NAB
  Facility:       Floating rate notes
  Documentation:  Australian
  Amount issued:  A$310 million
  Total on issue: A$810 million
  Maturity:       May 20, 2013
  Set date:       June 6
  Coupon:         +108 bps over BBSW
  Yield:          +104 bps over BBSW
  Margin:         +104 bps over BBSW
  Issue price:    100.151
  Lead(s):        NAB
  Issuer rating:  AA (S&P), Aa1 (Moody's)
 ($1=A$1.04)
 (Reporting by Cecile Lefort) 

 
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