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NATIONSBANK ANNOUNCES AGREEMENT FOR UNDERWRITTEN PUBLIC OFFERING OF $400 MILLION IN 3-YEAR SENIOR NOTES

 CHARLOTTE, N.C., Jan. 19 /PRNewswire/ -- NationsBank Corporation (NYSE: NB) today said it has entered into an agreement for the underwritten public offering of $400 million in 3-year senior notes.
 The debt issue is part of a $2.5 billion shelf registration for corporate debt securities and preferred stock filed last year with the Securities and Exchange Commission.
 The 3-year, noncallable notes have a coupon interest rate of 5 3/8 percent.
 The senior note offering is co-managed by Bear, Stearns & Co. Inc., Citicorp Securities Markets, Inc., Lehman Brothers, and Stephens Inc. Closing is scheduled for Jan. 26, 1993.
 Proceeds from the debt issue will be used in connection with the acquisition of a substantial portion of the assets of Chrysler First, Inc.
 NationsBank Corporation is the fourth-largest banking company in the United States with $118 billion in assets and full-service offices in nine states and the District of Columbia.
 -0- 1/19/93
 /CONTACT: (Media) Tim Lubinsky of NationsBank, 704-386-4340/
 (NB)


CO: NationsBank Corporation ST: North Carolina IN: FIN SU: OFR

CM -- CH004 -- 6418 01/19/93 13:50 EST
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Publication:PR Newswire
Date:Jan 19, 1993
Words:181
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