13IS Hsbc Bk.26

RNS No 9166x
NATIONSBANK CORPORATION
3rd July 1997 
 
NATIONSBANK COMPLETES US$400 MILLION EUROBOND OFFERING
 
July 2, 1997 - NationsBank Corporation (NYSE: NB) today announced the
completion of its US$400 million Eurobond offering in Floating Rate Notes
distributed in Europe and Asia.
 
The seven-year senior notes have a coupon interest rate of the London
Interbank Offered Rate (LIBOR) plus a margin of 0.10 percent.
 
The issue was offered exclusively to non-U.S. investors. It has not been
registered with the Securities and Exchange Commission and may not be offered
or sold in the United States absent registration or an applicable exemption
from registration requirements.
 
Proceeds from the issue will be used for general corporate purposes, including
the corporation's working capital needs and extensions of credit to the
corporation's subsidiaries.
 
NationsBank Corporation is the fourth-largest U.S. banking company, with $239
billion in assets at March 31, 1997. It operates full-service banking centers
in 16 states and the District of Columbia.
 
Contact: Media - Martha Larsh, NationsBank Corporation, tel North Carolina 001
704-388-4379
 
END

Hsbc Bk.26 (LSE:13IS)
Historical Stock Chart
From Nov 2024 to Dec 2024

Hsbc Bk.26 (LSE:13IS)
Historical Stock Chart
From Dec 2023 to Dec 2024