08.09.2014 13:19:00

National Australia Bank Limited -- Moody's assigns (P)A3 provisional rating to National Australia Bank's 'Non-Viability' Subordinated Debt

Sydney, September 08, 2014 -- Moody's Investors Service has assigned a (P)A3 rating to the subordinated notes component of National Australia Bank's (NAB, Aa2 stable, B- stable/a1) existing Debt Issuance Programme. The provisional rating is positioned two notches below the a1 baseline credit assessment of NAB.

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