SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
July 3, 1996
NATIONSBANK CORPORATION
(Exact name of registrant as specified in its charter)
North Carolina
(State of Incorporation)
1-6523
(Commission File Number)
56-0906609
(IRS Employer Identification No.)
NationsBank Corporate Center
Charlotte, North Carolina
(Address of principal executive offices)
28255
(Zip Code)
(704) 386-5000
Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
On July 3, 1996, the Registrant completed a $500 million
Eurobond offering of U.S. dollar floating rate senior notes (the
"Notes"). The Notes were sold only in Europe and Asia to non-
U.S. investors. The Notes mature in six years and have a coupon
interest rate equal to the London Interbank Offered Rate plus a
margin of .15 percent. The press release announcing the
completion of this offering is attached as an exhibit to this
Current Report on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
The following exhibits are filed herewith:
EXHIBIT NO. DESCRIPTION OF EXHIBIT
99.1 Press Release dated July 3, 1996
with respect to the completion of the
Registrant's Eurobond offering of U.S.
dollar floating rate senior notes.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
NATIONSBANK CORPORATION
By: -s- CHARLES M. BERGER
CHARLES M. BERGER
Associate General Counsel
Dated: July 5, 1996
NationsBank Corporation
NationsBank Corporate Center
Charlotte, NC 28255
NATIONSBANK NEWS RELEASE
FOR IMMEDIATE RELEASE
July 3, 1996 -- NationsBank Corporation today announced the
completion of its $500 million Eurobond offering in U.S. Dollar
Floating Rate Notes distributed in Europe and Asia.
The six-year senior notes have a coupon interest rate of the
London Interbank Offered Rate (LIBOR) plus a margin of .15
percent.
The issue was offered exclusively to non-U.S. investors. It has
not been registered with the Securities and Exchange Commission
and may not be offered or sold in the United States absent
registration or an applicable exemption from registration
requirements.
Proceeds from the issue will be used for general corporate
purposes, including the corporation's working capital needs and
extensions of credit to the corporation's subsidiaries.
NationsBank Corporation is the fifth-largest U.S. banking
company, with $194 billion in assets at March 31, 1996. It
operates full-service banking centers in nine states and the
District of Columbia.
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Media Contact: Martha Larsh (704) 388-4379
