Westpac launches three-year Australian dollar transaction

Disclosure type: launch
Issuer name: Westpac Banking Corporation
Issuer rating: AA-/Aa3/A+
Expected issue rating: as issuer
Announcement date: 4 August 2022
Expected pricing date: 4 August 2022
Lead managers: Westpac Institutional Bank

Transaction type: senior-unsecured
Currency: AUD 
Indicative volume: "benchmark"
Tenor: three years
Coupon type: fixed and/or FRN
Price guidance: 86bp/swap benchmarks area