National Australia Bank Limited (NAB) today announced its intention to raise $750 million through the offer of NAB Capital Notes 4, with the ability to raise more or less.

Shaw and Partners is pleased to be appointed Co-Manager to offer.  

The offer comprises a Reinvestment Offer, a Security Holder Offer, a Broker Firm Offer and an Institutional Offer. The Reinvestment Offer provides eligible holders of NAB Capital Notes issued by NAB on 23 March 2015 (NCN) with the opportunity to reinvest the proceeds of the sale of their NCN into NAB Capital Notes 4 and maintain an ongoing investment in securities issued by NAB.

NAB Capital Notes 4 has an Initial Face Value of A$100, and the net proceeds of the offer will be used for general corporate purposes.

NAB will apply for NAB Capital Notes 4 to be quoted on ASX within seven days after the date of the Prospectus.

The offer is open to Australian Resident clients only.

For more information please contact your Shaw and Partners adviser.

Disclaimer: The Prospectus relates to the offer by National Australia Bank Limited ABN 12 004 044 937 (“NAB”) of NAB Capital Notes 4 to raise $750 million, with the ability to raise more or less. The Prospectus is dated 17 February 2020 and a copy of this Prospectus was lodged with the Australian Securities and Investments Commission (“ASIC”) on that date. This Prospectus expires on the date which is 13 months after 17 February 2020 and no NAB Capital Notes 4 will be issued on the basis of this Prospectus after that date. Neither ASIC nor ASX Limited (“ASX”) take any responsibility for the contents of this Prospectus or the Offer. This Prospectus and an Application Form can be obtained electronically from nab.com.au/ncn4offer