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 2, 1997
NATIONSBANK CORPORATION
(Exact name of registrant as specified in its charter)
North Carolina
(State or other jurisdiction of incorporation or organization)
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)
ITEM 5. OTHER EVENTS.
On July 2, 1997, the Registrant completed a $400 million
Eurobond offering of floating rate senior notes (the
"Notes"). The Notes were sold only in Europe and Asia to non-
U.S. investors. The Notes mature in seven years and have a
coupon interest rate equal to the London Interbank Offered Rate
plus a margin of .10 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 exhibit is filed herewith:
EXHIBIT NO. DESCRIPTION OF EXHIBIT
99.1 Press Release dated July 2, 1997 with respect
to the completion of the Registrant's
Eurobond offering of floating rate senior notes.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrants have duly caused this report to be
signed on their behalf by the undersigned hereunto duly
authorized.
NATIONSBANK CORPORATION
By: /s/ CHARLES M. BERGER
Charles M. Berger
Associate General Counsel
Dated: July 3, 1997
NationsBank Corporation
NationsBank Corporate Center
Charlotte, NC 28255
NATIONSBANK NEWS RELEASE
FOR IMMEDIATE RELEASE
July 2, 1997 -- NationsBank Corporation today announced the completion of its
$400 million Eurobond offering in Floating Rate Notes distributed in Europe
and Asia.
The seven-year senior notes have a coupon interest rate of the London
Interbank Offered Rate (LIBOR) plus a margin of .10 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 fourth-largest U.S. banking company, with $239
billion in assets at March 31, 1997. It operates full-service banking
centers in 16 states and the District of Columbia.
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Media contact: Martha Larsh (704)388-4379
