Westpac hits road with senior or covered

Bill Thornhill

May 02, 2017 01:30 pm

Westpac_AP_230x150 — A name plaque is attached to a Westpac branch in Sydney, Australia, Friday, May 3, 2013. Westpac Banking Corp., one of Australia's largest banks, posted an 11 percent rise in half-year profit on Friday to 3.3 billion Australian dollars ($3.4 billion) as it pursued growth opportunities. (AP Photo/Rick Rycroft) | Rick Rycroft/AP

Westpac has mandated leads for a roadshow to look at issuing a senior unsecured or covered bond in euros. The tight spread between the two asset classes could restrict covered bond supply.

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Bill Thornhill