Westpac launches its second retail issue of 2012 in tier two offer [UPDATED]
- Monday, 16 July 2012
Westpac Banking Corporation (Westpac) has announced the offer size of A$1.5 billion on July 20 after launching at an indicative A$500 million through the placement of a new tier two security called Westpac Subordinated Notes. The bank already placed a new hybrid transaction in retail format in the first quarter of this year, raising A$1.2 billion.
