trending Market Intelligence /marketintelligence/en/news-insights/trending/yR5mCvOmdJTaZBHkfoekPA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Westpac raises A$1.42B in note issue

Blog

Tech in Banking: An Age of Digital Disruption

Blog

Standar Baru Penilaian Pembiayaan Proyek oleh Bank

Blog

Banking Essentials Newsletter: May Edition

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9


Westpac raises A$1.42B in note issue

Westpac Banking Corp. raised about A$1.42 billion through an issuance of perpetual floating-rate notes.

The securities, dubbed capital notes 6, are expected to start trading on the ASX on Dec. 24 on a normal settlement basis. The margin was previously set at 3.70% per annum.

The bank previously said it would use proceeds from the issuance for general business purposes.