October 7, 2016 / 5:16 AM / 10 months ago

BRIEF-Westpac Banking will issue tier 2 subordinated instruments on Oct 7

1 Min Read

Oct 7 (Reuters) - Westpac Banking Corp

* Westpac will issue tier 2 subordinated instruments on ct 7

* Issue of tier 2 subordinated instruments will not have a material impact on Westpac's financial position

* Proceeds of issue, less costs of issue, will increase Westpac's total capital ratio on a level 2 basis by less than 0.1% Source text for Eikon: Further company coverage:

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