National Australia Bank (ASX: NAB) today announced the redemption of the NAB Subordinated Notes (ASX: NABHB).
Following the reinvestment offer into the NAB Subordinated Notes 2 (ASX: NABPE) in March 2017, ~$633.7 million of the notes remain outstanding.
The notes will be redeemed on the 19th of June 2017 (first optional call date) at par value plus the final interest payment $1.1331 per note.