National Australia Bank plans to issue new additional tier-one capital securities. In a notice to the Australian Securities Exchange yesterday, NAB said the new securities would have similar terms to the convertible preference shares it issued in March. NAB's CPS pay a discretionary quarterly floating rate, non-cumulative dividend and they have a mandatory conversion date RHG has issued a scheme booklet, which outlines the proposal by Resimac and the Australian Mortgage Acquisition Company to acquire its shares, ahead of a scheme meeting to be held on December 18. Yesterday, the Federal Court approved distribution of the scheme booklet. It contains an independent expert's report, prepared by Deloitte Corporate Finance, which concludes that the scheme is in the best interests of RHG's shareholders.