Australia's NAB adds A$310 mln to May 2013 notes
(For the latest Australia and New Zealand bond news, double click on [AU/CRD] and then double click on the ID number)
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)
© Thomson Reuters 2009 All rights reserved


