NAB tops up 2012 guaranteed line by A$950 million
National Australia Bank (NAB) (AAA/Aa1/AA) reopened its government-guaranteed March 26 2012 line on June 19, issuing a self-led A$950 million (US$744.52 million) fixed and floating rate top-up just a day after it also
added A$1.3 billion to its unguaranteed line which matures on May 4 2012.
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ASX considering US$145 million private placement
ASX Clearing Corporation (ASXCC), a wholly-owned subsidiary of the Australian Securities Exchange (ASX), has flagged a possible US private placement (PP) deal. On 17 June the group was assigned a rating of AA- by Standard & Poor's (S&P) and tipped its hand, indicating it may seek a minimum of A$145 million equivalent from the US PP market.
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