ANZ offers rare sustainable T2 in euros after Aussie reg changes

By David Freitas
15 Nov 2019

Australia and New Zealand Banking Group Limited (ANZ) launched a new sustainable tier two on Friday. Looking to broaden its investor universe in the euro market and enlarge its tier two buffer after changes in Australian regulation, ANZ’s deal attracted orders of 2.5 times its €1bn size.

The Australian lender announced its intention to issue a sustainable tier two earleir this month, and had been running investor meetings since Monday.

On Friday it offered investors a rare chance to put money into a capital instrument structured as a sustainable bond in the euro market.

It ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial