Westpac’s $1.25bn bond set to entice more Aussie banks

08 Aug 2012

Westpac Banking Corp raised $1.25bn from the international debt market at the start of the week, getting away with paying no premium to its existing bonds.

Westpac priced the five year bond at 137.5bp over Treasuries, the tight end of price guidance that went up to 142.5bp over Treasuries. ...

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