NationsBank Corp. on Thursday issued $300 million of senior debt, using its own securities subsidiary to underwrite the issue.

It was the first time NationsBanc Capital Markets Inc. has been lead manager of a corporate bond issue since it received Federal Reserve Board approval to enter the business in July.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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