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National Bank of Canada Announces NVCC Subordinated Notes Offering

Newswire.ca - Press Release

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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

MONTREAL, June 19, 2025 /CNW/ - National Bank of Canada (the "Bank") (TSX:NA.TO) today announced that it intends to issue Medium Term Notes for an aggregate principal amount of $750,000,000 at an interest rate of 4.333% and maturing on August 15, 2035 (Non-Viability Contingent Capital (NVCC)) constituting subordinated indebtedness of the Bank through its Medium Term Note Program (the "Notes"). The Notes will be issued and sold through a dealer syndicate led by National Bank Financial Inc.

Read more at newswire.ca

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Related Symbols

Symbol Last Chg %Chg
NA.TO 175.48 -0.24 -0.14%
National Bank of Canada

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