BEN completes the bookbuild on latest hybrid issue [UPDATED]

On April 30, Bendigo and Adelaide Bank (BEN) announced it had completed the bookbuild for its latest hybrid transaction, CPS3. A statement lodged with the Australian Securities Exchange (ASX) reveals that the offer of additional tier-one qualifying capital has been increased to A$225 million (US$177.7 million) from A$200 million.