GBP 500,000,000 Issue Due April 2025

  • Westpac Banking Corporation issues a FRN with a variable rate fix
  • Rate determined on 10/4/2024 for the issue due in April 2025
  • ISIN Number: XS2801328290
  • Issue Nomin: GBP 500,000,000
  • Period: 7/11/2024 to 10/11/2024
  • Payment Date: 10/11/2024
  • Number of Days: 92
  • Rate: 5.35739%
  • Denomination: GBP 100000 – 500000000
  • Amount Payable per Denomination: 1350.36
  • Total Amount: £6,751,800
  • Contact Bank of New York Rate Fix Desk at +44 1202 689580

Westpac Banking Corporation has issued a Floating Rate Note (FRN) with a variable rate fix for an issue due in April 2025. The ISIN number is XS2801328290, and the nominal value is GBP 500,000,000. The fixed period is from July 11, 2024 to October 11, 2024, with a payment date on October 11, 2024. The rate determined for this FRN is 5.35739%. The denomination is GBP 100000 – 50000000, and the amount payable per denomination is £1350.36. The total amount for this issue is £6,751,800. For more information, contact Bank of New York Rate Fix Desk at +44 1202 689580.

Factuality Level: 1
Factuality Justification: The provided text appears to be a financial statement or transaction information and not a news article. It lacks any context, background information, or analysis that would typically be found in a news article.
Noise Level: 9
Noise Justification: This text appears to be a financial statement or announcement and not an article with analysis or discussion of any topic. It lacks context, relevance, and is not written in a format suitable for human consumption.
Public Companies: Westpac Banking Corporation (WBC)
Key People:

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Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses a specific bond issue by Westpac Banking Corporation, which is related to the financial sector and involves financial instruments. However, it does not mention any impact on financial markets or companies.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event or crisis mentioned in the text.
Move Size: No market move size mentioned.
Sector: No
Direction: Neutral
Magnitude: Small
Affected Instruments: Bonds

Reported publicly: www.businesswire.com