NAB prices A$2.1 billion five-year FRN [UPDATED]
- Friday, 30 October 2015
National Australia Bank (NAB) (AA-/Aa2/AA-) priced a new domestic senior-unsecured deal with five-year tenor on October 30. The self-led deal is NAB's first domestic benchmark since it priced A$1.9 billion (US$1.3 billion) of five-year floating-rate notes (FRNs) in May, at 80 basis points over bank bills.
