May 17 (Reuters) - Commonwealth Bank of Australia (CBA) on Wednesday doubled an AT1 hybrid security offering to A$1.55 billion ($1.05 billion) and closed book building for the issue six days ahead of schedule.
Commonwealth Bank allocated A$1.55 billion of the CommBank PERLS XVI Capital Notes, up from the A$750 million flagged when the prospectus launched on Tuesday.
The margin was set at 3% per annum above the Bank Bill Swap Reference Rate, the lower end of the 3% to 3.2% range floated in the prospectus.
Book building had originally been scheduled to last until 23 May.
May 17 (Reuters) - Commonwealth Bank of Australia (CBA) on...
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Last
$170.19 |
Change
-0.110(0.06%) |
Mkt cap ! $284.9B | |||
| Open | High | Low | Value | Volume |
| $170.30 | $171.76 | $170.14 | $28.55M | 167.0K |
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| CBA (ASX) Chart |