Tag: basel_iii

Westpac to Issue US$750 Million in Tier 2 Subordinated Notes Due 2037

13 Nov 2026 2:59 p.m. · Source: NZX.com

Westpac will issue US$750 million of 6.252% fixed rate subordinated notes due November 2037, expected to qualify as Tier 2 capital and lift its Level 2 total capital ratio by less than 0.3%.

Business Banking Financial Markets Legal Australia Westpac Banking Corporation Tier 2 capital subordinated notes APRA Basel III cleansing notice ASX
Westpac to Issue JPY 12 Billion Tier 2 Subordinated Instruments Due 2041

13 Nov 2026 2:57 p.m. · Source: NZX.com

Westpac will issue JPY 12 billion of 3.766% fixed-to-fixed rate reset callable subordinated instruments due November 2041, expected to qualify as Tier 2 capital under APRA's Basel III framework.

Business Banking Financial Markets Legal Australia Westpac Banking Corporation Tier 2 capital subordinated instruments APRA Basel III ASX cleansing notice