Westpac launches five-year benchmark senior deal

Disclosure type: launch
Issuer name: Westpac Banking Corporation
Issuer rating: AA-/Aa3/A+
Expected issue rating: AA-/Aa3
Announcement date: 12 September 2023
Expected pricing date: 12 September 2023
Lead manager: Westpac Institutional Bank

Transaction type: senior-unsecured bond
Currency: AUD
Indicative volume: benchmark
Tenor: five years
Cupon type: FRN and/or fixed
Price guidance: 97bp/swap

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