ANZ nets A$1.6 billion plus with domestic and US hybrids

On September 30 ANZ Banking Group (ANZ) closed the convertible preference share (CPS) offer it launched at the end of August, upsizing the transaction slightly to A$1.081 billion (US$856.69 million). The firm has been busy in the hybrid market of late, also pricing a A$600 million transaction through its New York branch on September 26.