Shaw and Partners appointed a Co-Manager to the Westpac Capital Notes 5 Offer News05 Feb 2018

This morning Westpac announced an offer of fully paid, non-cumulative, convertible, redeemable and transferable, perpetual, unsecured and subordinated notes which will be quoted on ASX (“Westpac Capital Notes 5”).

 

Shaw and Partners has been appointed a Co-Manager to the Westpac Capital Notes 5 Offer.

 

Westpac intends to raise $750 million with the ability to raise more or less. The Offer includes a Reinvestment Offer, which is an Offer to Eligible Westpac CPS holders.

 

The Offer includes a Broker Firm Reinvestment Offer, which is an Offer to Eligible Westpac CPS (WBCPC) Holders.

 

For more information please contact your Shaw and Partners Adviser.

 

Disclaimer: The Offer is being made pursuant to the Prospectus, which contains full details about the Offer and should be read in its entirety (particularly the investment risks set out in Section 5) before deciding whether to apply for an allocation. Investments in securities such as these Notes are subject to risks which could affect their performance, including the loss of income or principal. Investors can access the Prospectus here.

 

ASIC guidance for retail investors: ASIC has published guidance on hybrid securities on their MoneySmart website which may be relevant to your consideration of Westpac Capital Notes 5. You can find this guidance by searching ‘hybrid securities’ at www.moneysmart.gov.au. The guidance includes a series of questions you may wish to consider, and a short quiz you can complete to check your understanding of how hybrids work, their features and risks.

Related Articles
News13 Aug 2018 Shaw and Partners appointed Co-Manager to the NB Global Corporate Income Trust IPO
Shaw and Partners has been appointed Co-Manager to the NB Global Corporate Income Trust Initial Public Offering.  The Trust intends to list on the ASX under the stock code ASX:NBI.... Read More
News10 Aug 2018 Shaw and Partners and Women in League - McGrath Foundation
Along with the Manly Warringah Sea Eagles, Shaw and Partners was delighted to co-host the 2018 Corporate Breakfast & Touch Footy event at the Shaw and Partners Chairman's Club ... Read More
News02 Aug 2018 2018 Sydney Client Appreciation Event
On Thursday 2 August, Shaw and Partners hosted over 400 high net worth clients at the annual Sydney Retail Client Event, at an exclusive function held at Rockpool Bar and Grill.  ... Read More
News25 Jul 2018 Shaw and Partners on the financial year ahead
Shaw and Partners CIO Martin Crabb talks where markets are headed this financial year, what to expect for earnings season and what sectors to watch.   Jessica Amir: Hello I’m Jes... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%