Feb 17 (Reuters) - National Australia Bank Ltd NAB.AX :
* NAB LAUNCHES NAB CAPITAL NOTES 4 OFFER AND ANNOUNCES RESALE OF NAB CAPITAL NOTES
* OFFER IS EXPECTED TO RAISE APPROXIMATELY $750 MILLION
* NAB CAPITAL NOTES 4 WILL QUALIFY AS ADDITIONAL TIER 1 CAPITAL FOR GROUP
* ONCE ALL NCN RESOLD TO NOMINATED PURCHASER ON 23 MAR, INTENDS TO CONVERT UP TO $750M OF NCN INTO ORDINARY SHARES