MyState Limited’s A$25 Million Notes Offering

MyState Limited's A$25 Million Notes Offering

Ashurst has advised National Australia Bank on the transaction.

National Australia Bank acted as sole Lead Manager and Dealer in relation to MyState Limited’s issuance of A$25 million floating rate subordinated medium term notes qualifying as Tier 2 regulatory capital. The Notes were issued under MyState’s A$2 billion Australian domestic debt issuance programme.

MyState Limited (MYS) is the non-operating holding company of a diversified financial services group listed on the ASX and is a leading provider of banking, trustee and wealth management services to customers across the country through our retail brands – MyState Bank and TPT Wealth.

Ashurst team was led by Caroline Smart (Picture), who was assisted by lawyer Siak Goh.

Involved fees earner: Siak Goh – Ashurst; Caroline Smart – Ashurst;

Law Firms: Ashurst;

Clients: National Australia Bank;

Author: Michael Patrini