WBC westpac banking corporation

News: WBC Westpac Banking will issue tier 2 subordinated instruments on Oct 7

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    Oct 7 (Reuters) - Westpac Banking Corp (WBC)

    • Westpac will issue tier 2 subordinated instruments on ct 7
    • Issue of tier 2 subordinated instruments will not have a material impact on Westpac's financial position
    • Proceeds of issue, less costs of issue, will increase Westpac's total capital ratio on a level 2 basis by less than 0.1%
 
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