Series 1333-1 Subordinated Instruments - Call Notice
2 July 2024
Market Announcements Office
ASX Limited
20 Bridge Street
Sydney NSW 2000
Level 18, 275 Kent Street
Sydney, NSW 2000
Call Notice – Series 1333-1 AUD350,000,000 Fixed Rate Subordinated Instruments due 16 August 2029
(ASX code: WBCHCA)
Westpac Banking Corporation has released the attached Call Notice for the Series 1333-1 AUD350,000,000
Fixed Rate Subordinated Instruments due 16 August 2029 (the “Instruments”) issued under the Westpac
Banking Corporation Programme for the Issuance of Debt Instruments dated 23 June 2017 (ASX code:
WBCHCA).The Call Notice is being sent to all holders of the Instruments via the clearing systems in the form
attached to this announcement in accordance with the terms and conditions of the Instruments.
This document has been authorised for release by Tim Hartin, General Manager & Company Secretary.
To: The Holders of all Instruments referred to below
CALL NOTICE
Westpac Banking Corporation AUD350,000,000 Fixed Rate
Subordinated Instruments due 16 August 2029 (“Instruments”)
issued under the Westpac Banking Corporation Programme for the Issuance of
Debt Instruments (the "EMTN Programme")
Pursuant to Condition 8.3 of the Terms and Conditions of the Subordinated
Instruments (the “Note Conditions”) as set out in the Information Memorandum for
the EMTN Programme dated 23 June 2017, Westpac Banking Corporation hereby
gives notice to redeem in whole the following Instruments:
DETAILS OF INSTRUMENTS
Series No: 1333-1
ISIN: XS1663477187
Aggregate Principal Amount: AUD350,000,000
Early Redemption Amount (Call): AUD2,000 per Calculation Amount
Early Redemption Date (Call): 16 August 2024
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
16 August 2023 to but excluding 16
August 2024 calculated in accordance
with Condition 7.2 of the Note
Conditions.
Westpac’s redemption of the Instruments does not imply or indicate that Westpac will
in the future exercise any right it may have to redeem any other outstanding
regulatory capital instruments issued by Westpac. Any such redemption would also
be subject to APRA’s prior written approval (which may or may not be given).
Date: 2 July 2024
Westpac Banking Corporation
__________________________
Guy Volpicella
Head of Structured Funding and Capital, Group Treasury
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