Westpac Banking eyeing fixed-, floating-rate notes offer

By Aleesia Forni

Virginia Beach, May 14 - Westpac Banking Corp. is planning to price bonds in two parts tranches, according to a 424B5 filed with the Securities and Exchange Commission.

The sale is expected to include fixed- and floating-rate notes.

BofA Merrill Lynch, Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC are the joint bookrunners.

Proceeds from the offering will be used for general corporate purposes.

The banking organization is based in Sydney, Australia.

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