Westpac Banking CorpShs Aktie

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WKN: 876713 / ISIN: US9612143019

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06.03.2014 01:24:00

Westpac Banking Corporation -- Moody's assigns A3 (hyb) rating to Westpac Banking Corporation's Contractual 'Non-Viability' Subordinated Debt

Sydney, March 06, 2014 -- Moody's Investors Service has assigned an A3 (hyb) rating to the proposed subordinated notes with contractual point of non-viability (PONV) loss absorption features issued by Westpac Banking Corporation (Westpac, Aa2 stable, B-/a1 stable). The notes mature in March 2024, and are callable by the bank after the first five years (subject to approval by the Australian Prudential Regulation Authority (APRA)).

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