| Westpac New Zealand Limited
18/04/2011
8.87% |
 |
| The Issuer |
Westpac New Zealand Limited |
|
| Business of the Issuer |
As of 1 November 2006, Westpac NZ was registered as a registered bank under the Reserve Bank of New Zealand Act 1989 and, pursuant to
the Westpac New Zealand Act 2006, the assets and liabilities of Westpac Banking Corporation's New Zealand branch’s
retail operations (consisting largely of its consumer and business banking businesses) vested in Westpac NZ. |
|
| Issue Size |
$200m |
|
| Maturity Mechanism |
Cash on maturity. |
|
| S&P Rating |
AA |
|
| Debt Ranking |
Unsecured unsubordinated fixed rate debt. |
|
| Interest |
Semi-annually on 18 April and 18 October until maturity. |
|
| Registration |
Certificates are not issued for Westpac bonds. The registry will send a notice of registration, detailing investors holdings in the bonds. |
|
| Registry |
Reserve Bank of New Zealand |
|
