Westpac readying Australian dollar AT1 transaction

Monday, 29 January 2018

On 29 January, Westpac Banking Corporation (Westpac) (AA-/Aa3/AA-) revealed plans for an Australian dollar-denominated additional tier-one (AT1) transaction, to be listed on the Australian Securities Exchange. ANZ, Commonwealth Bank of Australia, J.P. Morgan, Morgans, National Australia Bank, UBS and Westpac Institutional Bank will arrange both the potential offer and a domestic roadshow.

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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.

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