Westpac adds franking to latest Aussie hybrid offering [UPDATED]
- Thursday, 19 June 2008
Westpac Banking Corporation (Westpac)’s forthcoming tier one issue is a floating rate, franked deal, which the issuer acknowledges will place it even more firmly in the retail realm. The issue has an indicative size of A$600 million (US$567.5 million) though Westpac is open to the possibility of upsizing that amount.
