ANZ to raise $696 mln in convertible share issue

Mon Nov 9, 2009 5:48pm EST
 
[-] Text [+]

SYDNEY, Nov 10 (Reuters) - Australia and New Zealand Banking Group Ltd (ANZ.AX) has launched a convertible preference share issue to raise about A$750 million ($696 million), it said in a statement on Tuesday. ($1=1.077 Australian Dollar) (Reporting by Denny Thomas;)