Nov 12 (Reuters) - Westpac Banking Corp (WBC) said on Monday it intends to raise about A$750 million ($540 million) through an offering of capital notes.
Each note will have an issue price of A$100, and the distribution margin on the notes is expected to be between 3.70 percent and 3.90 percent per annum, the bank said in a statement.
The move comes days after the Australian Prudential Regulation Authority (APRA) flagged higher capital requirements for the country's four biggest lenders.
($1 = 1.3860 Australian dollars)
Nov 12 (Reuters) - Westpac Banking Corp (WBC) said on Monday it...
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Last
$37.65 |
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Mkt cap ! $128.7B | |||
| Open | High | Low | Value | Volume |
| $37.74 | $37.76 | $37.41 | $162.0M | 4.306M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13932 | $37.62 |
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| Price($) | Vol. | No. |
|---|---|---|
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| WBC (ASX) Chart |