Call Notice – Series 2016-1 Subordinated Notes

5 February 2021
Market Announcements Office
ASX Limited
20 Bridge Street
SYDNEY NSW 2000

Call Notice – Series 2016-1 A$700,000,000 Callable Floating Rate Subordinated Notes
(ASX Code: WBCHBP)

Westpac Banking Corporation today released the attached Call Notice for the Series 2016-1
A$700,000,000 Callable Floating Rate Subordinated Notes issued under the Westpac
Banking Corporation Debt Issuance Programme (ASX code: WBCHBP).












This document has been authorised for release by Tim Hartin, General Manager & Company
Secretary.



Level 18, 275 Kent Street
Sydney, NSW, 2000

Level 18, 275 Kent Street
Sydney, NSW, 2000

To: The Holders of the Instrument referred to below

CALL NOTICE
Westpac Banking Corporation Series 2016-1 A$700,000,000 Callable Floating Rate
Subordinated Notes due March 2026 (the “Instrument”) issued under the Westpac Banking
Corporation Debt Issuance Programme (the “Programme”)
Pursuant to Condition 8.3 of the Conditions of the Subordinated Notes (the “Note Conditions”)
as set out in the Information Memorandum for the Programme dated 5 March 2014, Westpac
Banking Corporation gives notice to redeem in whole the following Instrument:
DETAILS OF THE INSTRUMENT:
Series No: 2016-1
ISIN: AU3FN0030391
Early Redemption Date (Call): 10 March 2021
Early Redemption Amount (Call): A$700,000,000
Series redeemed in whole and accrued
interest to be paid:
100 per cent of the Outstanding Principal
Amount together with interest payable for the
Interest Period from and including
10 December 2020 to but excluding
10 March 2021 calculated in accordance with
Condition 7.3 of the Note Conditions

Date: 5 February 2021
Westpac Banking Corporation


Authorised Person
Guy Volpicella
Head of Structured Funding and Capital