National Bank of Canada has closed its previously announced offering of $750 million of Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares, Series 52, which qualify as Non-Viability Contingent Capital. The Series 52 Preferred Shares were offered by a group of agents led by National Bank Financial Inc. The shares were issued under a prospectus supplement dated September 15, 2026, to National Bank's short form base shelf prospectus dated September 2, 2026. The shares have not been and will not be registered under the U.S. Securities Act of 1933, and may not be offered or sold within the United States except in certain exempt transactions. National Bank of Canada, one of Canada's six systemically important banks, reported $635 billion in assets as at July 31, 2026, and has more than 37,000 employees.
Bank of Chongqing Co LtdClosed a $750M NVCC preferred share offering, raising regulatory capital
Led the agent group for National Bank of Canada's $750M preferred share offering, earning underwriting fees
