Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Westpac Banking Corporation Announces Issuing $1.69 Billion OF Westpac Capital Notes 5

13 Mar 2018  |  17:46:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Westpac Capital Notes 5 Issue Announcement

Westpac Banking Corporation announced that it has successfully completed the Offer of Westpac Capital Notes 5 (Notes). The Bank advised that 16.9m Notes were issued at $100 each, raising $1.69bn. The Holding Statements with details of Notes allocated and any refund of Application Payments from invalid Applications are expected to be dispatched by 20 March 2018. The first Distribution of $0.9927 per Note is expected to be paid on 22 June 2018. The Record Date is 14 June 2018. The Notes are expected to commence trading on the ASX under the ASX code WBCPH. The Deferred settlement trading date is 14 March 2018 and the Normal settlement trading date is 21 March 2018.

Please click here for full details

See more ASX300 News Announcements