The ANZ Bank has allocated $1.7 billion of ANZ Capital Notes 9, where it had been seeking around $1 billion originally under its offer. The Bank has issued a replacement prospectus today. It also announced that it had set the margin at 2.90% per annum. This is at the lower...
ANZ Bank has today launched its Additional Tier 1 capital security offer, ANZ Capital Notes 9, seeking to raise around $1 billion. At the same time, ANZ also announced that it will redeem ANZ Capital Notes 4 on 20 March 2024. Eligible Capital Notes 4 holders may apply to reinvest...
Bank hybrid issuing is set to ramp up early in 2024 with ANZ Bank expected to be the first to market. ANZ issued a recent statement saying it is expected to announce a new ANZ Capital Notes offer in February. It said it may include a limited reinvestment offer for...
Westpac has announced its completed bookbuild for its Westpac Capital Notes 10 offer has raised $1.75 billion. The margin was set at 3.10% per annum which was at the lower end of the marketing range of 310 basis points to 330 basis points it gave on announcing the offer. Strong demand...
Westpac has today announced to the market the launch of its hybrid Capital Notes AT1 offer where it is seeking to raise around $750 million in additional tier-one capital. The bank said its offer includes a reinvestment offer for eligible Westpac Capital Notes 6 holders. Westpac said the margin will be...
Judo Bank has launched its inaugural capital notes offer to raise approximately $75 million. The offer has been issued by Judo Capital Holdings Limited (ASX:JDO) to raise additional Tier 1 capital for the bank as part of its plan to develop and diversify its funding and capital sources. Judo is a...
The Commonwealth Bank of Australia has announced a new Tier 1 hybrid security, CommBank PERLS XVI Capital Notes. The offer is expected to raise $750 million but could be more or less than that figure. PERLS XVI are expected to commence trading on 13 June, 2023 under the ASX code...
ANZ Bank has this morning announced the launch of ANZ Capital Notes 8 through an offer to raise $1billion with the offer expected to open on 23 February 2023. At the same time, the bank announced the redemption of ANZ Capital Notes 3 (ASX:AN3PG) on 24 March 2023. A reinvestment...
Insurance Australia Group is seeking to raise $400 million through the offer of IAG Capital Notes 2, which the company says is part of its capital management strategy. Proceeds will be used for general corporate purposes and to refinance existing Capital Notes 1. IAG Capital Notes 1 (ASX:IAGPD) offer was...
Bank of Queensland has closed its BOQ Capital Notes 3 offer raising $400 million through the issue of four million Capital Notes 3 for $100 each. The Capital Notes 3 are expected to begin trading on 15 November 2022 under the ASX code BOQPG. The first distribution is expected to...

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ANZ Launches ANZ Capital Notes 9 Offer

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ANZ To Launch $1bn Plus Hybrid Offer

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ANZ Allocates $1.7 billion & Sets Margin for ANZ Capital Notes 9

The ANZ Bank has allocated $1.7 billion of ANZ Capital Notes 9, where it had been seeking around $1 billion originally under its offer....