NAB Redeems All Outstanding NAB Capital Notes 3
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National Australia Bank Limited ( (AU:NAB) ) has provided an announcement.
National Australia Bank Limited has completed the redemption of all outstanding NAB Capital Notes 3, repaying investors $100 per note in line with its previously issued redemption notice. The bank also paid a final distribution of $1.4438 per note, finalising this particular hybrid capital instrument and marking a step in the ongoing management of its funding and capital structure.
The most recent analyst rating on (AU:NAB) stock is a Hold
with a A$36.75 price target.
To see the full list of analyst forecasts on National Australia Bank Limited stock,
see the AU:NAB Stock Forecast page.
More about National Australia Bank Limited
National Australia Bank Limited is one of Australia’s major financial institutions, operating in the banking and financial services industry. It provides retail, business, and institutional banking products, including lending, deposit accounts, and capital markets instruments to customers across Australia and selected international markets.
Average Trading Volume: 6,333,141
Technical Sentiment Signal: Buy
Current Market Cap: A$111.7B
See more insights into NAB stock on TipRanks’ Stock Analysis page.
