Australian Housing Dynamics and Affordability
ANZ EMTN EUR TIER 2 SUBORDINATED SDG NOTES KEY TERMS
Issuer
Issuer Senior Ratings
Expected Issue Rating²
Programme / Documents
Status
Ranking
Format
Early Optional
Redemption Date
Clearing
Min Denom
Other
Governing Law
Australia and New Zealand Banking Group Limited (ABN 11 005 357 522) ("ANZ")
Aa3 (Stable) | AA- (Stable) | AA- (Negative) (Moody's/S&P/Fitch)
Baa1 | BBB +| A+ (Moody's/S&P/Fitch)
Information Memorandum for ANZ's Euro Medium Term Note Programme dated 21 May 2019 ("Information Memorandum") as
supplemented¹
Subordinated Notes. The Subordinated Notes will be direct, unsecured and subordinated obligations of ANZ and are expected
to constitute Tier 2 capital of ANZ
The Subordinated Notes will rank equally among themselves and with Equal Ranking Securities, behind Senior Creditors and
ahead of Junior Ranking Securities as described in the Information Memorandum
Fixed Rate Sustainable Development Goals (SDG) Subordinated Notes; Registered Form; EUR denominated
Issuer may redeem the Notes in whole (but not in part) at its discretion on: (i) the specified date if there is an Issuer Call
Option; (ii) certain tax events; or (iii) certain regulatory events.
- Redemption at prevailing principal amount plus accrued but unpaid interest.
Early redemption of the Subordinated Notes is subject to APRA's prior written approval
Euroclear, Clearstream
EUR100k with integral multiples of EUR1k
ASX wholesale debt listing (securities are not quoted for trading on ASX); IWT exempt (except as specified in the Information
Memorandum); No set-off or cross-default
English law, except for conversion, write-off and subordination provisions which are governed by Victorian and Australian law
1.
Defined terms have the meaning contained in the Information Memorandum.
2.
Ratings may be changed, suspended or withdrawn at any time and are not a recommendation to buy, hold or sell any security.
ANZ
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