National Bank of Canada Issues Corporate Bond NTIOF6287358
The National Bank of Canada has issued a corporate bond, NTIOF6287358, with a coupon rate of 4.5% and a maturity date of January 21, 2031.
The bond's issuer rating is currently held by S&P Global Ratings at 710, while Fitch Ratings assigns it a rating of 730, indicating a high level of creditworthiness.
The National Bank of Canada serves as the calculation agent, guarantor, and registrar for the bond. The paying agent is the Bank of New York Mellon Corporation.
The bond has no inflation protection and is unsecured, with general corporate purposes being the intended use of proceeds.