National Bank of Canada: Redemption for Cash of 500 Million Dollars Series 5 Medium Term Notes
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwire) -- 09/06/11 -- National Bank of Canada (TSX: NA) announced today its intention to redeem, for the purpose of cancellation, all of its Series 5 Medium Term Notes, on Wednesday, November 2, 2011 for 100% of the principal amount of notes. The regular interest due in respect of the notes on November 2, 2011, will be paid in the normal course, leaving no accrued and unpaid interest on the notes at the time of their redemption. There is currently 500 million dollars principal amount of notes outstanding.
This redemption, funded solely from the Bank's general funds, is part of the Bank's capital management program. The notice of redemption with the letter of transmittal will be promptly sent to the holders of notes.
About National Bank of Canada
National Bank of Canada is an integrated group that provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has over $153 billion in assets and, together with its subsidiaries, employs 19,217 people. The Bank's securities are listed on the Toronto Stock Exchange (TSX: NA). For more information, visit the Bank's website at . To access National Bank's financial education portal, visit .
The telephone number provided below is for the exclusive use of journalists and other media representatives.
Contacts:
Joan Beauchamp
Senior Advisor, Public Relations
National Bank
514-394-6500
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Datum: 06.09.2011 - 06:00 Uhr
Sprache: Deutsch
News-ID 1036939
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MONTREAL, QUEBEC
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Commercial & Investment Banking
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