New Issue-Westpac Banking Corp sells $4 bln in two parts

Mon Nov 16, 2009 5:32pm EST

  Nov 16 (Reuters) - Westpac Banking Corp (WBK.N) on Monday
sold $4 billion of notes in two parts, said IFR, a Thomson
Reuters service.
  Bank of America Merrill Lynch, Citigroup, and Deutsche
Bank were the joint bookrunning managers for the sale.
BORROWER: WESTPAC BANKING CORP
AMT $2 BLN        COUPON 2.25 PCT     MATURITY 11/19/2012
TYPE NOTES        ISS PRICE 99.916    FIRST PAY 5/19/2010
MOODY'S Aa1       YIELD 2.279 PCT     SETTLEMENT 11/19/2009
S&P AA            SPREAD 100 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE       
AMT $2 BLN        COUPON 4.875 PCT    MATURITY 11/19/2019
TYPE NOTES        ISS PRICE 99.929    FIRST PAY 5/19/2010
MOODY'S Aa1       YIELD 4.884 PCT     SETTLEMENT 11/19/2009
S&P AA            SPREAD 155 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE       


Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.