National Australia Bank

Thursday, 23 August 2018

NAB says SDG alignment smooths euro green deal process

National Australia Bank (NAB)’s first foray into the euro market for 2018 – five- and 10-year transaction in which the shorter-dated notes were green bonds – garnered a large oversubscription and tightened pricing in a busy market. Deal sources say NAB’s updated green bond programme, which now incorporates the UN Sustainable Development Goals (SDGs) played a part in the deal’s reception.

Monday, 19 August 2019

Resimac opens books on Australian dollar tranches for RMBS deal

On 19 August, Resimac opened books on the Australian dollar denominated tranches for its residential mortgage-backed securities (RMBS) deal, Premier Series 2019-2. Indicative total volume for the Australian dollar denominated tranches is A$412.5 million (US$279.7 million), with pricing expected on or before 23 August.

Monday, 19 August 2019

UBS announces Australian dollar perpetual AT1 deal

On 19 August, UBS Group (UBS) (A-/A+) revealed plans for an Australian dollar denominated perpetual non-call five-year additional tier-one (AT1) capital transaction. Initial price guidance for the transaction, which is expected to launch in the near future, is 5.125 per cent area.

Friday, 16 August 2019

zipMoney taking indications of interest for inaugural ABS deal

On 16 August, zipMoney began taking indications of interest for its potential new asset-backed securities (ABS) deal, Zip Master Trust Series 2019-1. The transaction, which is expected to launch and price in the week beginning 19 August, has indicative total volume of A$400 million (US$271.2 million). National Australia Bank is leading.

Friday, 16 August 2019

WATC nets FRN volume record in syndicated deal

Western Australian Treasury Corporation (WATC) issued its largest ever floating-rate note (FRN) deal in a A$1.1 billion (US$745.9 million) 4.5-year transaction that priced on 14 August. WATC talks to KangaNews about the timing of the deal and the wider context of its funding programme.

Thursday, 15 August 2019

BOQ taking indications of interest for RMBS deal

On 16 August, Bank of Queensland (BOQ) began taking indications of interest for a its potential Series 2019-1 REDS Trust residential mortgage-backed securities (RMBS) deal, which is expected to launch and price in the week beginning 19 August.

View all National Australia Bank news