Westpac launches one-year senior deal

Westpac Banking Corporation (Westpac) (AA-/Aa3/AA-) launched a new, self-led, one-year senior-unsecured transaction for minimum volume of A$300 million (US$238.9 million) on 5 September. The forthcoming deal is expected to price on 6 September and has initial price guidance in the area of 26 basis points over three-month bank bills.