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SYDNEY, April 10 (Reuters) - Westpac Banking Corp (WBC.AX),
Australia's fourth-largest lender, said it has added A$350
million ($324 million) to its issue of 2011 notes priced
earlier in the week.
The increase brings the issue size to A$1.15 billion.
The deal details are as follows:
Issuer: Westpac Banking Corp.
Facility: Fixed rate note increase
Law: Australia
Amount issued: A$350 million
New total: A$1.15 billion
Maturity: April, 18 2011
Set date: April 18
Coupon: 8.25%
Yield: 8.355%
Spread: +90bps/swap or 217.5 bps over ACGB due
2011
Issue price: 99.726
Lead: Westpac Institutional Bank
Issuer rating: AA (S&P), Aa1 (Moody's)
($1=A$1.08)
(Reporting by Cecile Lefort)
