Feb 15 (Reuters) - National Australia Bank Ltd (NAB) said on Friday it would more than double a capital notes offering to about A$1.65 billion ($1.17 billion) and that strong demand prompted the bank to close its bookbuild earlier than scheduled.
The margin on the notes has been set at 4 percent per annum, the bank said in a statement. NAB had offered A$750 million of notes under the program earlier this week, which it said it would use to refinance existing securities.
($1 = 1.4102 Australian dollars)
News: NAB National Australia Bank more than doubles capital notes offer to $1.2 bln
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Last
$42.94 |
Change
0.990(2.36%) |
Mkt cap ! $131.5B | |||
| Open | High | Low | Value | Volume |
| $42.45 | $42.94 | $42.20 | $130.8M | 3.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 835 | $42.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.95 | 10724 | 10 |
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| NAB (ASX) Chart |