NAB launches $2bn Capital Notes 5 offer
Banking giant NAB has been advised on all aspects of the launch of its $2 billion NAB Capital Notes 5 offer by global firm King & Wood Mallesons.
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Firm: King & Wood Mallesons (NAB).
Value: $2 billion.
Area: Capital markets.
Key players: The KWM team was led by partners Diana Nicholson and Ian Paterson, who were supported by senior associates Jack Hill and Kathryn Tomasic.
Deal significance: Commenting on the transaction, Ms Nicholson said it was “particularly rewarding” to support a valued client through successive capital raisings of all types.
“KWM assisted NAB with establishment of CPS II – so to now build the successor to that offering – it is gratifying to apply our experience and understanding of these instruments and our client’s business to bring this deal to the market, and see it strongly supported,” she said.