Hybrids Archives

Hybrids

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

Brenton Gibbs

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....

Hybrids

ANZ Launches ANZ Capital Notes 9 Offer

Brenton Gibbs

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...

Hybrids

ANZ To Launch $1bn Plus Hybrid Offer

Brenton Gibbs

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...

Hybrids

Westpac Hybrid Bookbuild Raises $1.75 Billion

Brenton Gibbs

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...

Hybrids

Hybrid Security Action – NAB and Challenger

Staff Writer

NABHAs being redeemed at last? NAB has announced that it will be seeking shareholder approval at its AGM to redeem its NABHA perpetual hybrid in...

Hybrids

Westpac Capital Notes 8 (WBCPK) Offer Announced

Brenton Gibbs

Westpac Banking Corporation has announced the offer of Westpac Capital Notes 8 which is a new additional Tier 1 capital instrument. The bank is looking...

Hybrids

Macquarie Group Capital Notes 5 Swamped By Demand

Brenton Gibbs

The new Macquarie Group Capital Notes 5 (MQGPE) offer has been swamped with demand and repriced to a margin lower than the 3.00-3.20% bookbuild...

Hybrids

Macquarie Bank Launches New Capital Notes 5

Elizabeth Moran

Macquarie Group Limited (MGL) has launched its Capital Notes 5 (MQGPE) to replace its $531 million Capital Notes 2 (MQGPB) ahead of that issue’s...

Hybrids

Comm Bank Offers CBA PERLS XIV

Brenton Gibbs

The Commonwealth Bank on Tuesday launched a new Capital Notes offer, CBA Capital Notes PERLS XIV. PERLS XIV will qualify as Tier 1 Capital of...

Hybrids

Commonwealth Bank Launches New PERLS XIII Capital Notes

Doug Estwick

The Commonwealth Bank of Australia (CBA) has launched a new tier-one capital transaction PERLS XIII, seeking A$750 million. The new offer aligns with spreading the...