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NATIONSBANK TO REDEEM ALL OF 11 1/8 PERCENT SUBORDINATED NOTES, DUE 1997

 NATIONSBANK TO REDEEM ALL OF 11 1/8 PERCENT
 SUBORDINATED NOTES, DUE 1997
 CHARLOTTE, N.C., Aug. 24 /PRNewswire/ -- NationsBank Corporation (NYSE: NB) said today it will redeem on October 1 all of the NationsBank Corporation 11 1/8 percent subordinated notes, due 1997. The notes, which amount to $100 million, will be redeemed at 100 percent of principal amount, with interest to the date of redemption.
 The Bank of New York, 101 Barclay Street, New York, N.Y., will act as paying agent for the notes.
 -0- 8/24/92
 /CONTACT: Dick Stilley, NationsBank Corporation, 704-386-8135/
 (NB) CO: NationsBank ST: North Carolina IN: FIN SU:


JZ -- CH001 -- 2470 08/24/92 09:16 EDT
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Publication:PR Newswire
Date:Aug 24, 1992
Words:115
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