Westpac NZ readying new three-year FRN domestic deal

Thursday, 29 June 2023

Disclosure type: mandate
Issuer name: Westpac New Zealand
Issuer rating: AA-/A1/A+
Expected issue rating: as issuer
Announcement date: 29 June 2023
Expected launch/pricing date: 30 June 2023
Lead manager: Westpac Banking Corporation New Zealand Branch

Transaction type: senior-unsecured bond
Currency: NZD
Indicative volume: ND
Tenor: three years
Coupon type: FRN
Price guidance: ND