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Westpac to sell dollar-denominated 10-year subordinated notes
By Devika Patel
Knoxville, Tenn., Jan. 23 – Westpac Banking Corp. intends to offer dollar-denominated fixed-rate subordinated notes due Feb. 4, 2030, according to a 424B5 filing with the Securities and Exchange Commission.
The notes are callable on Feb. 4, 2025.
BofA Securities, Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc., UBS Securities LLC and Westpac Banking Corp. are the bookrunners.
The Sydney, Australia-based bank plans to use the proceeds for general corporate purposes.
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