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BRIEF-AMP announces launch of a new tier 2 subordinated notes
August 23, 2017 / 12:19 AM / a month ago

BRIEF-AMP announces launch of a new tier 2 subordinated notes

Aug 23 (Reuters) - Amp Ltd

* Announced launch of a new tier 2 subordinated notes issue to wholesale investors.

* seeking to raise $200 million, with ability to raise a higher or lower amount.

* expects to use all or a substantial portion of net proceeds of issue to fund tier 2 capital of one or more regulated entities within amp group. Source text for Eikon: Further company coverage:

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