ANZ capital raising
ANZ this week announced the issue of ANZ Capital Notes to raise $750 million, with the ability to increase or decrease the size of the offer.
The big banking group said the offer was expected to open on 10 July and would form part of ANZ’s ongoing capital management strategy.
It said the company would use the proceeds of the capital raising for general corporate purposes.
ANZ Securities, Citigroup, Commonwealth Bank of Australia, J.P. Morgan, National Australia Bank and RBS Morgans have been appointed as Joint Lead Managers, while Bell Potter, Morgan Stanley Wealth Management and Ord Minnett have been appointed as Co-Managers on the transaction.
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