Westpac Group to redeem perpetual capital floaters at par on Sept. 29

By Marisa Wong

Los Angeles, Aug. 17 – Westpac Banking Corp. issued a notice of redemption for its $500 million perpetual capital floating-rate notes (ISIN: GB0009573998).

The notes will be redeemed on Sept. 29 at par plus accrued interest to the redemption date.

The company had announced plans to redeem the bonds in a notice in July but had not yet confirmed redemption details.

The issuer is a Sydney, Australia-based bank.

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