An update from Commonwealth Bank of Australia ( (AU:CBA) ) is now available.
The Commonwealth Bank of Australia has issued CHF 180 million worth of subordinated fixed reset notes due in 2035 under its Euro Medium Term Note Programme. This issuance will not materially impact CBA’s financial position, but if a Non-Viability Trigger Event occurs, it could lead to an increase in shareholders’ equity through the exchange of these notes into ordinary shares, potentially affecting the company’s equity structure.
More about Commonwealth Bank of Australia
Commonwealth Bank of Australia (CBA) operates in the financial services industry, offering a wide range of banking and financial products and services. It is one of Australia’s leading banks, focusing on retail, business, and institutional banking, as well as wealth management and insurance services.
YTD Price Performance: -0.13%
Average Trading Volume: 2,032,093
Technical Sentiment Signal: Sell
Current Market Cap: A$252.3B
See more insights into CBA stock on TipRanks’ Stock Analysis page.