NAB nets A$1.75 billion in a new five-year domestic transaction [UPDATED]
- Tuesday, 18 October 2016
On October 18, National Australia Bank (NAB) (AA-/Aa2/AA-) printed an upsized volume of A$1.75 billion (US$1.3 billion) from a minimum of A$750 million, in a new five-year dual-tranche transaction. Final pricing came in flat against an indicative margin of 105 basis points over three-month bank bill swap rate (BBSW).
