Westpac launches domestic tier-two transaction
- Thursday, 14 June 2018
On 14 June, Westpac Banking Corporation (Westpac) (AA-/Aa3/AA-) launched a new 10-year non-call five-year, tier-two benchmark domestic transaction. The self-led deal has indicative price guidance of 180 basis points area over swap benchmarks and will come in either or both of fixed- and floating-rate note formats. Pricing is expected on the day of launch.
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