tiprankstipranks
Trending News
More News >

Westpac Banking Corporation Announces US$1.5 Billion Notes Issuance

Story Highlights
Westpac Banking Corporation Announces US$1.5 Billion Notes Issuance

Don’t Miss TipRanks’ Half-Year Sale

Westpac Banking ( (AU:WBC) ) has shared an announcement.

On June 24, 2025, Westpac Banking Corporation entered into an underwriting agreement with several major financial institutions, including BofA Securities, Citigroup Global Markets, J.P. Morgan Securities, and Morgan Stanley, to issue US$1.5 billion in notes due July 1, 2030. This issuance includes US$750 million in 4.354% fixed-rate notes and US$750 million in floating rate notes. The issuance is part of Westpac’s strategy to enhance its capital structure and support its financial operations, potentially impacting its market position and providing opportunities for stakeholders.

The most recent analyst rating on (AU:WBC) stock is a Sell with a A$28.00 price target. To see the full list of analyst forecasts on Westpac Banking stock, see the AU:WBC Stock Forecast page.

More about Westpac Banking

Westpac Banking Corporation is a major Australian bank that provides a wide range of financial services, including banking, wealth management, and insurance. It operates primarily in Australia and New Zealand, focusing on personal, business, and institutional banking services.

Average Trading Volume: 5,495,834

Technical Sentiment Signal: Buy

Current Market Cap: A$115.9B

For detailed information about WBC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1