ANZ Capital Summary and Key Financials
OFFER HIGHLIGHTS
Feature
Issuer
Description
Offer size
Use of proceeds
Maturity date
Optional redemption
dates
Interest rate
Conversion, exchange or
non-viability triggers
Issue rating
Quotation
Offer process
Selling restrictions
Joint Lead Managers
Description
ANZ Bank New Zealand Limited (ANZ)
Unsecured, subordinated notes (Subordinated Notes)
Up to NZ$250 million plus unlimited oversubscriptions
The Subordinated Notes are expected to constitute Tier 2 capital for ANZ's regulatory capital
requirements. The proceeds of the Offer will be used for general corporate purposes
10 years, maturing on 17 September 2031
First optional redemption date is on 17 September 2026 and then on each subsequent interest
payment date
The interest rate until the first optional redemption date will be a fixed rate and for subsequent
interest periods will be a floating rate
Not applicable
The Subordinated Notes are expected to be rated A- by S&P Global Ratings
Application to quote the Subordinated Notes on the NZX Debt Market has been made. NZX
ticker code ANB170 has been reserved for the Subordinated Notes
All Subordinated Notes, including oversubscriptions, will be reserved for subscription by clients
of the Joint Lead Managers, Primary Market Participants and other persons invited to join the
bookbuild. There will be no public pool
The offer of Subordinated Notes will only be made to retail investors in New Zealand and to
eligible institutional investors
ANZ, Craigs Investment Partners, Forsyth Barr, Hobson Wealth and Jarden
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