NAB launches increase to February 2017 line
- Tuesday, 26 June 2012
National Australia Bank (NAB) (AA-/Aa2) announced it is exploring an increase to its fixed and floating rate lines maturing in February 2017. The two lines launched in 2012 make up A$1.5 billion outstanding. NAB's previous deal priced in A$1 billion in March at 110bp/swap to mature December 19 2014.
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