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BRIEF-Bendigo and Adelaide Bank issues subordinated notes due Dec 9, 2026
December 9, 2016 / 4:52 AM / 10 months ago

BRIEF-Bendigo and Adelaide Bank issues subordinated notes due Dec 9, 2026

Dec 9 (Reuters) - Bendigo And Adelaide Bank Ltd :

* Subordinated notes will be treated as Tier 2 capital under Australian Prudential Regulation Authority Basel III capital adequacy framework

* Will issue subordinated notes due 9 December 2026 today, under BEN’s AUD7.50 billion debt instrument programme

* announces issue of a$125mln subordinated floating rate notes Source text for Eikon: Further company coverage:

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