Westpac successfully issues $1.42 billion of Westpac Capital Notes 6

Company News

by Anna Napoli

Westpac (ASX:WBC) has successfully issued about $1.42 billion worth of Westpac Capital Notes 6.

14.2 million Notes were issued at $100 each, raising about $1.42 billion.

All reinvestment applications were accepted in full.

The first distribution of $0.9895 per note is expected to be paid on 18 March 2019.

Shares in Westpac (ASX:WBC) closed 1.4 per cent lower to $24.31 yesterday.
 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.