Dec 6 (Reuters) - National Australia Bank Ltd on
Monday sold $2.25 billion of senior unsecured bank notes in
three parts in the 144a private placement market, said IFR, a
Thomson Reuters service.
Deutsche Bank, JP Morgan, Morgan Stanley, and National Australia Bank were the joint bookrunning managers for the sale.
BORROWER: NATIONAL AUSTRALIA BANK LTD
TRANCHE 1 AMT $500 MLN COUPON 3-MO-LIBOR MATURITY 12/10/2013
+ 76 BPS TYPE SR NTS ISS PRICE 100.00 FIRST PAY 6/10/2011 MOODY'S Aa1 YIELD 3-MO-LIBOR SETTLEMENT 12/10/2010
+ 76 BPS S&P DOUBLE-A SPREAD 76 BPS PAY FREQ QUARTERLY FITCH DOUBLE-A MORE THAN LIBOR NON-CALLABLE
TRANCHE 2 AMT $750 MLN COUPON 1.70 PCT MATURITY 12/10/2013 TYPE SR NTS ISS PRICE 99.93 FIRST PAY 6/10/2011 MOODY'S Aa1 YIELD 1.724 PCT SETTLEMENT 12/10/2010 S&P DOUBLE-A SPREAD 103 BPS PAY FREQ SEMI-ANNUAL FITCH DOUBLE-A MORE THAN TREAS NON-CALLABLE
TRANCHE 3 AMT $1 BLN COUPON 4.375 PCT MATURITY 12/10/2020 TYPE SR NTS ISS PRICE 99.552 FIRST PAY 6/10/2011 MOODY'S Aa1 YIELD 4.431 PCT SETTLEMENT 12/10/2010 S&P DOUBLE-A SPREAD 150 BPS PAY FREQ SEMI-ANNUAL FITCH DOUBLE-A MORE THAN TREAS NON-CALLABLE
Keywords: NAB DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886; e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Deutsche Bank, JP Morgan, Morgan Stanley, and National Australia Bank were the joint bookrunning managers for the sale.
BORROWER: NATIONAL AUSTRALIA BANK LTD
TRANCHE 1 AMT $500 MLN COUPON 3-MO-LIBOR MATURITY 12/10/2013
+ 76 BPS TYPE SR NTS ISS PRICE 100.00 FIRST PAY 6/10/2011 MOODY'S Aa1 YIELD 3-MO-LIBOR SETTLEMENT 12/10/2010
+ 76 BPS S&P DOUBLE-A SPREAD 76 BPS PAY FREQ QUARTERLY FITCH DOUBLE-A MORE THAN LIBOR NON-CALLABLE
TRANCHE 2 AMT $750 MLN COUPON 1.70 PCT MATURITY 12/10/2013 TYPE SR NTS ISS PRICE 99.93 FIRST PAY 6/10/2011 MOODY'S Aa1 YIELD 1.724 PCT SETTLEMENT 12/10/2010 S&P DOUBLE-A SPREAD 103 BPS PAY FREQ SEMI-ANNUAL FITCH DOUBLE-A MORE THAN TREAS NON-CALLABLE
TRANCHE 3 AMT $1 BLN COUPON 4.375 PCT MATURITY 12/10/2020 TYPE SR NTS ISS PRICE 99.552 FIRST PAY 6/10/2011 MOODY'S Aa1 YIELD 4.431 PCT SETTLEMENT 12/10/2010 S&P DOUBLE-A SPREAD 150 BPS PAY FREQ SEMI-ANNUAL FITCH DOUBLE-A MORE THAN TREAS NON-CALLABLE
Keywords: NAB DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886; e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News
