Briefs: NAB FRN, New Resimac a director, Bloomberg rebrands benchmarks

Banking Day staff
  • NAB issued A$1.25 billion of subordinated floating rate notes yesterday, with a maturity of November 2030 and an early call date of November 2025. NAB is paying a margin of 170 bps over the bank bill swap rate.

 

  • Lawyer Caroline Waldron has joined the board of Resimac Group as a non-executive director. In a diverse career, Waldron has worked as general counsel at retailer David Jones, chief marketing officer at Norton Rose Fulbright and most recently as an adviser to infrastructure and property developer KLSE. She will chair a newly established Resimac board sub-committee, which will focus on digital transformation.

 

  • Bloomberg will rebrand its Bloomberg Barclays fixed income indices as Bloomberg Indices in August next year. Bloomberg acquired Barclays Risk Analytics and Index Solutions in 2016. The long lead time will allow market participants to amend their documentation.