Ann: GENERAL: ANB: Media Release: ANZ Capital Notes

• Release Date: 05/03/15 16:28
• Summary: GENERAL: ANB: Media Release: ANZ Capital Notes
• Price Sensitive: No
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					ANB
05/03/2015 16:28
GENERAL
NOT PRICE SENSITIVE
REL: 1628 HRS ANZ Bank New Zealand Limited

GENERAL: ANB: Media Release: ANZ Capital Notes

ANZ Capital Notes:
Issue Size and Interest Rate
ANZ Bank New Zealand Limited (ANZ) today announced that, following strong
investor demand for the ANZ Capital Notes (Notes), the issue size has been
increased to NZ$500 million.
ANZ Treasurer, Paul Daley, said that the issue had met with strong demand
from investors, enabling the bank to accept oversubscriptions of NZ$250
million.
The Margin has been set at 3.50% per annum, giving a fixed interest rate
until the Optional Exchange Date (25 May 2020) of 7.20% per annum. Interest
is payable quarterly in arrears (subject to ANZ's discretion and other
conditions described in the Investment Statement).
All of the Notes have been allocated to intermediaries on a firm basis for
distribution to their clients and there will be no public pool available.
New Zealand investors seeking an allocation of the Notes should contact their
financial adviser, or any of the Joint Lead Managers on the following New
Zealand toll free numbers:
Joint Lead Managers:  ANZ     0800 800 372
Deutsche Craigs   0800 226 263
First NZ Capital   0800 005 678
Forsyth Barr 0800 367 227
Goldman Sachs 0800 555 555
Macquarie    0800 742 737
The offer opens on Friday, 6 March 2015 and closes on Friday, 27 March 2015
at 5pm.  ANZ will pay early bird interest to each investor on subscriptions
at 4.50% per annum from the date on which subscription moneys are banked into
the offer trust account to (but excluding) the Issue Date, unless your
subscription money is returned for any reason. Early Bird Interest will be
paid no later than 5 Business Days after the Issue Date.
The Notes are mandatory convertible, non-cumulative, perpetual, subordinated,
and unsecured. Depending on the circumstances, the Notes may be repaid,
converted into shares in Australia and New Zealand Banking Group Limited
(ANZBGL) or written off.  The Notes will not be guaranteed by any person, and
ANZBGL does not guarantee ANZ. The full details of the offer may be viewed
at www.anz.co.nz/anzcapitalnotes and are contained in the Investment
Statement prepared by ANZ for the offer.
Applications for the Notes can only be made using the application form
included in the Investment Statement for the Notes.  No applications for
Notes will be accepted or money received unless the subscriber has received
the Investment Statement for the offer.  The minimum application amount in
respect of the Notes is NZ$5,000 and in multiples of NZ$1,000 thereafter.
There are restrictions on offering, issuing or selling the Notes outside New
Zealand, including offering, issuing or selling the Notes to or from persons
in Australia.
Application has been made to NZX Limited (NZX) for permission to quote the
Notes on the NZX Debt Market and all the requirements of NZX relating to that
application that can be complied with on or before the date of this
announcement have been duly complied with.  However, NZX accepts no
responsibility for any statement in this announcement. NZX is licensed
market operator, and the NZX Debt Market is a licensed market, each regulated
under the Financial Markets Conduct Act 2013.

INVESTOR RELATIONS
Paul Daley
Treasurer
Phone: +64 4 436 6798
Email: [email protected]

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End CA:00261519 For:ANB    Type:GENERAL    Time:2015-03-05 16:28:44