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Published on 1/13/2017 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

National Australia Bank buys back $37.08 million subordinated floaters

New York, Jan. 13 – National Australia Bank Ltd. repurchased $37.08 million of its undated subordinated floating-rate notes originally issued in October 1986, according to an announcement from the company.

The transaction was carried out on Thursday.

Following cancellation, the bank will have $130.42 million of the notes outstanding.

National Australia is based in Melbourne, Australia.


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