NBC completes offering of US$1.250B 4.996% fixed-to-floating rate medium term notes due 2029

On September 8, 2026, National Bank of Canada completed under its 3(a)(2) MTN program an offering of USD$1,250,000,000 4.996% Fixed-to-Floating Rate Medium Term Notes due 2029, fully and unconditionally guaranteed as to payments by National Bank of Canada, acting through its New York Branch.

National Bank of Canada is one of the largest Canadian chartered banks and offers financial services to businesses and institutional clients across various industries in Canada and internationally.

McCarthy Tétrault assisted National Bank of Canada with a team led by Patrick Boucher and Fraser Bourne that included Michel Ranger (Tax) and Vincent Leduc (Corporate).