NationsBank Corp. came to market Tuesday with $300 million of 10-year subordinated notes at a price of 65 basis points over comparable Treasury securities.

NationsBank Capital Markets, the Charlotte, N.C.-based bank's investment banking arm, led the underwriting with Merrill Lynch & Co., J.P. Morgan & Co., and Bear, Stearns & Co.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.