Westpac Banking CorporationASX: WBC

Westpac launches capital raising

· Issued by Westpac Banking Corporation

Filed with ASX · · 43 pages · English

Westpac’s shares have been placed in a trading halt to enable the Placement to be completed, with trading expected to recommence on 5 November 2019. The Offer is expected to add approximately 46 to 58 basis points3 to Westpac’s Level 2 common equity Tier 1 (“CET1”) capital ratio. Details of the Placement The fully underwritten Placement of new fully paid ordinary shares (“New Shares”) to sophistic

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