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MBNA AMERICA BANK, N.A. FILES SHELF REGISTRATION TO ISSUE $5 BILLION OF CREDIT CARD ASSET-BACKED SECURITIES

 NEWARK, Del., June 11 /PRNewswire/ -- MBNA Corporation (NYSE: KRB) announced today that MBNA America Bank, N.A., its wholly owned subsidiary, filed a registration statement with the Securities and Exchange Commission on Form S-3 to establish a shelf program pursuant to rule 415 to allow for the issuance of up to $5 billion of credit card asset-backed securities.
 MBNA Master Credit Card Trusts will be the issuers of the credit card asset-backed securities.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 Written requests for copies of the Prospectus should be directed to David W. Spartin at MBNA America Bank, N.A., 400 Christiana Road, Newark, Delaware 19713. Telephone requests for the prospectus should be directed to the above at 302-456-8588.
 MBNA Corporation, a bank holding company, is the parent of MBNA America Bank, N.A., a national bank with $10.0 billion in managed loans. MBNA, the country's third largest lender through bank credit cards, also provides retail deposit, individual loan, card acceptance, and financial transaction processing services.
 /delval/
 -0- 6/11/93
 /CONTACT: David W. Spartin, executive vice president-investor relations of MBNA, 800-362-6255, or 302-456-8588/
 (KRB)


CO: MBNA Corporation; MBNA America Bank, N.A. ST: Delaware IN: FIN SU:

MP -- PH002 -- 0951 06/11/93 08:48 EST
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Publication:PR Newswire
Date:Jun 11, 1993
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