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NATIONSBANK CORPORATION FILES SHELF REGISTRATION STATEMENT

 CHARLOTTE, N.C., Aug. 2 /PRNewswire/ -- NationsBank Corporation (NYSE: NB) said today it has filed a shelf registration statement with the Securities and Exchange Commission for the issuance of up to $4 billion of corporate debt securities and preferred and common stock.
 Today's filing with the SEC gives the company the option to issue new debt securities or additional shares of preferred or common stock. The registration statement has not become effective, and the securities may not be sold prior to the time the registration statement is declared effective by the SEC.
 Proceeds from any future issuance of new securities would be used for general corporate purposes, including the corporation's working capital needs, possible reduction of current outstanding indebtedness, or possible acquisitions. NationsBank had previously announced the acquisition of the assets and business of US West Financial Services. NationsBank has no definite timetable for issuing new securities.
 NationsBank is the fifth-largest U.S. banking company with assets of $124 billion and full-service banking centers in nine states and the District of Columbia.
 -0- 8/2/93
 /CONTACT: Martha Larsh, 214-508-0633 or Tim Lubinsky, 704-386-4340, both of NationsBank Corporation/
 (NB)


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

WB-MG -- NY121 -- 8570 08/02/93 17:32 EDT
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Publication:PR Newswire
Date:Aug 2, 1993
Words:208
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