NAB recently launched a new hybrid and raised $600m, less than a third of the $1.95bn accepted earlier this year.
Pricing was higher at 400 basis points over three-month bank bills compared to 295 basis points back in March.
The lower $600m amount is likely in part to reflect the higher...
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...
