WESTPAC BANKING CORP 2018-14.01.33 SECUREDWESTPAC BANKING CORP 2018-14.01.33 SECUREDWESTPAC BANKING CORP 2018-14.01.33 SECURED

WESTPAC BANKING CORP 2018-14.01.33 SECURED

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Key terms


Outstanding amount
‪500.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
1.25% (Variable)
Coupon frequency
Annual
Yield to maturity
3.04%
Maturity date
Jan 14, 2033
Term to maturity
8 years

About WESTPAC BANKING CORP 2018-14.01.33 SECURED


Sector
Finance
Industry
Major Banks
Issue date
Jan 16, 2018
ISIN
XS1748436356
Westpac Banking Corp. engages in the provision of banking and financial services. It operates through the following segments: Consumer, Business, Westpac Institutional Bank, Westpac New Zealand, Specialist Businesses and Group Businesses. The Consumer segment provides banking products, including mortgages, credit cards, personal loans, and savings and deposit products. The Business segment serves the banking needs of SME and commercial customers, including agribusiness and provides banking and advisory services to high net worth individuals through private wealth. The Westpac Institutional Bank segment provides a broad range of financial products and services to corporate, institutional and government customers. The Westpac New Zealand segment provides banking, wealth and insurance products and services for consumer, business and institutional customers in New Zealand. The Specialist Businesses segment comprises the operations that Westpac ultimately plans to exit with agreements in place for the sale of Westpac Life Insurance and motor vehicle dealer finance and notated leasing businesses. The Group Businesses segment includes the results of unallocated support functions such as treasury, chief operating office and core support. It also includes group-wide elimination entries arising on consolidation, centrally raised provisions and other unallocated revenue and expenses. The company was founded in 1817 and is headquartered in Sydney, Australia.
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