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ANZ Group Holdings ( (AU:ANZ) ) has shared an announcement.
Australia and New Zealand Banking Group Limited will redeem its A$1.25 billion wholesale floating rate subordinated notes, originally due in February 2031, on the optional redemption date of 26 February 2026 after receiving written approval from the prudential regulator APRA. The bank stressed that this transaction does not signal an intention to redeem other outstanding callable capital instruments, which would each remain subject to separate regulatory approval, indicating a targeted balance-sheet management move rather than a broader capital restructuring.
The most recent analyst rating on (AU:ANZ) stock is a Sell with a A$35.00 price target. To see the full list of analyst forecasts on ANZ Group Holdings stock, see the AU:ANZ Stock Forecast page.
More about ANZ Group Holdings
Australia and New Zealand Banking Group Limited (ANZBGL) is a major Australasian banking group headquartered in Melbourne, providing wholesale and retail banking and financial services across Australia, New Zealand and selected international markets.
Average Trading Volume: 4,496,639
Technical Sentiment Signal: Buy
Current Market Cap: A$109B
Find detailed analytics on ANZ stock on TipRanks’ Stock Analysis page.