ANZ Capital Summary and Key Financials
SUMMARY TERMS
Feature
Type of instrument
Ranking
No guarantee
Repayment
Maturity Date
Optional
Redemption Dates
Description
Unsecured subordinated notes providing Tier 2 regulatory capital
In a liquidation of ANZ the claims of Holders will rank:
•
behind the claims of all depositors and holders of other senior debt
obligations
⚫ equally with the claims of other Holders and any other securities that rank
equally with the Subordinated Notes (e.g. other Tier 2 capital); and
• ahead of the rights of ANZ's shareholders and holders of any other
securities that rank behind the Subordinated Notes (e.g. Additional Tier 1
capital)
The Subordinated Notes are not guaranteed by ANZBGL, any of ANZ's
subsidiaries or any other person
.
The Subordinated Notes must be repaid by ANZ on the Maturity Date
• ANZ may repay all or some of the Subordinated Notes earlier on an
Optional Redemption Date or if a Tax Event or Regulatory Event occurs
• Early repayment is subject to certain conditions, including satisfaction of
the Solvency Condition and the prior written approval of the Reserve Bank
of New Zealand, which is at its absolute discretion
• Holders have no right to request that the Subordinated Notes be repaid
early
17 September 2031
First optional redemption date is on 17 September 2026 and then on each
subsequent interest payment date
For more information, please refer to the Limited Disclosure Document
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