WBC westpac banking corporation

News: WBC Westpac Banking announces interest rate for NZD subordinated notes

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    Aug 4 (Reuters) - Westpac Banking Corp (WBC) :

    • Westpac announces interest rate for nzd subordinated notes
    • The interest rate for the notes will be 4.6950% per annum
    • Says offer size has been set at NZ$400 million
    • Offer opens on 5 August 2016 and is expected to close on 26 August 2016
    • Interest rate for notes will be 4.6950% per annum, which reflects a margin of 2.60% per annum over New Zealand 5 year swap rate
 
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