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Series 2019-7 Subordinated Instruments - Call Notice

Debt Issuance15 July 2024WBCFinancials

15 July 2024

Market Announcements Office

ASX Limited

20 Bridge Street

Sydney NSW 2000


Level 18, 275 Kent Street

Sydney, NSW 2000



Call Notice – Series 2019-7 AUD1,000,000,000 Callable Floating Rate Subordinated

Notes due 27 August 2029 (ASX code: WBCHCW)


Westpac Banking Corporation has released the attached Call Notice for the Series 2019-7

AUD1,000,000,000 Callable Floating Rate Subordinated Notes due 27 August 2029 (the

“Notes”) issued under the Westpac Banking Corporation Debt Issuance Programme dated 20

July 2018 (ASX code: WBCHCW). The Call Notice is being sent to all holders of the Notes via

the clearing systems in the form attached to this announcement in accordance with the terms

and conditions of the Notes.






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




To: The Holders of all Instruments referred to below

CALL NOTICE

Westpac Banking Corporation AUD1,000,000,000 Callable Floating Rate

Subordinated Notes due 27 August 2029 (“Instruments”)

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 20

July 2018, Westpac Banking Corporation hereby gives notice to redeem in whole the

following Instruments:

DETAILS OF INSTRUMENTS

Series No: 2019-7

ISIN: AU3FN0049672

Early Redemption Amount (Call): AUD1,000,000,000

Early Redemption Date (Call): 27 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

27 May 2024 to but excluding 27 August

2024 calculated in accordance with

Condition 7.3 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:15 July 2024


Westpac Banking Corporation


__________________________

Guy Volpicella

Head of Structured Funding and Capital, Group Treasury

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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