/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE
SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES/
Shelf prospectus and prospectus supplement
are accessible on SEDAR+
MONTREAL, June 12,
2024 /CNW/ - National Bank of Canada ("National Bank") (TSX: NA) today
announced that it has filed a prospectus supplement (the
"Prospectus Supplement") to its short form base shelf prospectus
dated August 22, 2022 (the "Shelf
Prospectus") with the securities regulatory authorities in all
provinces and territories of Canada. The Prospectus
Supplement has been filed in connection with National Bank's
previously announced public equity financing (the "Public
Offering") of $500,071,900 of
subscription receipts (the "Subscription Receipts") ($575,082,685 of Subscription Receipts if the
over-allotment option granted by National Bank to the underwriters
is exercised in full).
![National Bank Logo (CNW Group/National Bank of Canada) National Bank Logo (CNW Group/National Bank of Canada)](https://mma.prnewswire.com/media/2437333/National_Bank_of_Canada_National_Bank_announces_filing_of_prospe.jpg)
Delivery of the Shelf Prospectus, the Prospectus Supplement, and
any amendments to the documents will be satisfied in accordance
with the "access equals delivery" provisions of applicable
securities legislation. The Shelf Prospectus and the Prospectus
Supplement are accessible on SEDAR+ at www.sedarplus.ca.
An electronic or paper copy of the Shelf Prospectus, the
Prospectus Supplement, and any amendment to the documents may be
obtained, without charge, from National Bank Financial Inc. by
phone at 416-869-8414 or by e-mail at NBF-Syndication@bnc.ca by
providing National Bank Financial Inc. with an email address or
address, as applicable.
The Subscription Receipts to be issued pursuant to the Public
Offering will also be offered in the
United States concurrently to "qualified institutional
buyers" in reliance upon the exemption from registration provided
by Rule 144A under the U.S. Securities Act of 1933 (the "U.S.
Securities Act").
No securities regulatory authority has either approved or
disapproved the contents of this press release. The Subscription
Receipts to be issued as part of the Public Offering have not been,
and will not be, registered under the U.S. Securities Act, or any
state securities laws. Accordingly, the Subscription Receipts may
not be offered or sold within the United
States unless registered under the U.S. Securities Act and
applicable state securities laws or pursuant to exemptions from the
registration requirements of the U.S. Securities Act and applicable
state securities laws. This press release shall not constitute an
offer to sell or the solicitation of an offer to buy, nor shall
there be any sale of the Subscription Receipts in any jurisdiction
in which such offer, solicitation or sale would be unlawful.
About National Bank of
Canada
With $442 billion in assets as at April 30, 2024,
National Bank of Canada is
one of Canada's six systemically
important banks. The Bank has approximately 30,000 employees
in knowledge-intensive positions and operates through three
business segments in Canada:
Personal and Commercial Banking, Wealth Management and Financial
Markets. A fourth segment, U.S. Specialty Finance and
International, complements the growth of its domestic operations.
Its securities are listed on the Toronto Stock Exchange (TSX: NA).
Follow the Bank's activities at nbc.ca or via social media.
SOURCE National Bank of Canada