Convertibles Calendar

International Calendar

SEPTEMBER 21

AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD. (Australia: ANZ): A$1.25 billion convertible preferences shares; upsized from A$750 million originally talked; 2019 maturity; par value of A$100 per share; to yield a floating-rate dividend equal to the bank bill rate plus a margin of 310 basis points per year, the rich end of 310 bps to 330 bps spread initially talked; joint lead managers ANZ Securities, Commonwealth Bank of Australia, Goldman Sachs, Macquarie, RBS and UBS; offer opened Aug. 31, closing Sept. 21 for the general offer and Sept. 27 for the broker firm offer; proceeds to add financial flexibility to manage redemption of subordinated debt and other residual tier 1 capital; listing on the Australian stock exchange under code ANZPC; banking group based in Melbourne, Australia.

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