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Shaw and Partners is pleased to be appointed as Joint Lead Manager to the Westpac Capital Notes 7 Offer
Today Westpac Banking Corporation has announced an offer of fully paid, non-cumulative, convertible, redeemable and transferable, perpetual, unsecured and subordinated notes which will be quoted on the ASX under the trading code WBCPJ.
Westpac intends to raise $750 million (issue price of $100 per note) with the ability to raise more or less. The Offer includes a Reinvestment Offer, which is a priority offer to Eligible Westpac Capital Notes 3 Holders to reinvest all or some of their Westpac Capital Notes 3 in the Westpac Capital Notes 7.
The Prospectus contains important information about investing in Westpac Capital Notes 7 and should be read in full before applying.
For more information or to obtain a copy of the Prospectus please contact your Shaw and Partners Adviser.
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