S&P outlook revision on Australian major banks

Australia and New Zealand Banking Group Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 11 005 357 522
News Release
For Release: 9 April 2020

S&P outlook revision on Australian major banks


ANZ today confirmed S&P Global Ratings (S&P) has revised the outlook on the long-term
issuer credit rating for the Commonwealth of Australia to negative from stable.

As a result of the sovereign action, S&P has also revised the credit rating outlook of the
Australian major banks, including ANZ, to negative from stable.

S&P reaffirmed ANZ’s ‘AA-’ long-term and ‘A-1+’ short term issuer credit ratings.

S&P also reaffirmed all the ratings on debt issued by ANZ, including senior and subordinated
debt and hybrid Tier 1 capital instruments.

For media enquiries contact:

Stephen Ries
Head of Corporate Communications
+61 409 655 551


For analyst enquiries contact:

Cameron Davis
Executive Manager, Investor Relations
+61 421 613 819




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