WESTPAC BANKING CORPORATION Series No.: 2016-4
Tranche No.: 2
llestpac GROUP
Westpac Banking Corporation(ABN 33 007 457 141)
Debt Issuance Programme
Issue of
A$300,000,000 Floating Rate Instruments due June 2021 (to be consolidated to form a single series with A$1,800,000,000 Floating Rate Instruments due June 2021)
("Debt Instruments")
The date of this Supplement is 26 July 2016.
This Supplement (as referred to in the Information Memorandum in relation to the above Programme dated 5 March 2014 ("Information Memorandum")) relates to the Tranche of Debt Instruments referred to above. It is supplementary to, and should be read in conjunction with the Senior Note Deed Poll dated 5 March 2014 made by Westpac Banking Corporation ("Deed Poll") and the Information Memorandum.
This Supplement does not constitute, and may not be used for the purposes of, an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation, and no action is being taken to permit an offering of the Debt Instruments or the distribution of this Supplement in any jurisdiction where such action is required.
Terms used but not otherwise defined in this Supplement have the meaning given in the applicable Conditions set forth in the Information Memorandum.
The particulars to be specified in relation to the Tranche of Debt Instruments referred to above are as follows:
1 Issuer Westpac Banking Corporation (ABN 33 007 457 141)
Lead Manager Westpac Banking Corporation (ABN 33 007 457 141)
Relevant Dealer Westpac Banking Corporation (ABN 33 007 457 141)
Registrar and Australian Paying Agent
BTA Institutional Services Australia Limited (ABN 48 002 916 396) of Level 2, 35 Clarence Street, Sydney
NSW 2000
5 Calculation Agent BTA Institutional Services Australia Limited (ABN 48 002 916 396)
Issuing and Paying Agent (Offshore) Not Applicable
If to form a single Series with an existing Series, specify date on
Not Applicable
which all Debt Instruments of the Series become fungible, if not the Issue Date- Status
- Currency
- Issue Date
- Issue Price
- Commissions Payable
- Selling Concession
- Purchase Price
- Denomination
-
Partly Paid Senior Notes
If yes, specify number, amounts and dates for, and method of, payment of instalments of subscription moneys and any further additional provisions (including Forfeiture Dates in respect of late payment of Partly Paid Unsubordinated Notes)
- Type of Debt Instruments
Senior
Australian dollars ("A$") A$300,000,000
Series 2016-4
28 July 2016
100.624 per cent. per Denomination including accrued interest
As set out in the Subscription Acknowledgement dated 26 July 2016 between the Issuer and the Lead Manager and Dealer.
Not Applicable
A$100,624 fully paid per Denomination A$100,000
The minimum aggregate consideration for offers or transfers of the Debt Instruments in Australia must be at least A$500,000 (disregarding moneys lent by the transferor or its associates to the transferee), unless the offer or invitation resulting in the transfer does not otherwise require disclosure to investors in accordance with Parts 60.2 or 7.9 of the Corporations Act 2001 of Australia.
Not Applicable
Floating Rate Debt Instrument Condition 5.3 applies
Not Applicable
22 | Floating Rate Debt Instruments Interest Commencement Date, if not | Applicable Issue Date |
Issue Date | ||
Interest Rate | Condition 5.3(b)(i) (ISDA Determination) applies | |
Interest Payment Dates | 3 September, 3 December, 3 March and 3 June of | |
each year commencing on 3 September 2016, up to | ||
and including the Maturity Date, subject to adjustment | ||
in accordance with the Applicable Business Day | ||
Convention specified below. | ||
Applicable Business Day | ||
Convention | ||
| Modified Following Business Day Convention Modified Following Business Day Convention Modified Following Business Day Convention Not Applicable | |
Additional Business Centre(s) | Sydney | |
Floating Rate Option | AUD-BBR-BBSW (to four decimal places) | |
Designated Maturity | 3 months | |
Reset Date | The Issue Date and each Interest Payment Date | |
Margin | Plus 1.17 per cent. per annum | |
Minimum/Maximum Interest Rate | Not Applicable | |
Day Count Fraction | Actual/365 (Fixed) | |
Fallback Interest Rate | Not Applicable | |
23 | Index-Linked Interest Debt Instrument provisions | Not Applicable |
24 | Other rates | Not Applicable |
25 | Accrual of interest | Not Applicable |
26 | Default Rate | Not Applicable |
27 | Overdue Rate | Not Applicable |
28 | Zero Coupon Debt Instrument | Not Applicable |
29 | Reference Price | Not Applicable |
30 | Maturity Date | 3 June 2021, subject to adjustment in accordance with the Applicable Business Day Convention specified |
above. | ||
31 | Maturity Redemption Amount | 100 per cent. of the Outstanding Principal Amount of |
the Debt Instruments. |
32 | Early Redemption Amount (Tax) Specify if applicable | Applicable |
Specify minimum notice period | 15 days | |
Specify maximum notice period | 45 days | |
Specify any conditions to early redemption | Not Applicable | |
If Early Redemption Amount (Tax) | 100 per cent. of the Outstanding Principal Amount of | |
is not the Outstanding Principal | the Debt Instruments. | |
Amount, together with accrued | ||
interest (if any) thereon of the Debt | ||
Instruments, insert amount or full | ||
calculation provisions | ||
33 | Early Redemption Amount (Call) | |
Specify if applicable | Not Applicable | |
34 | Early Redemption Amount (Put) | |
Specify if applicable | Not Applicable | |
35 | Early Redemption Amount (Adverse | |
Tax Event) | ||
Specify if applicable | Not Applicable | |
36 | Early Redemption Amount | |
(Regulatory Event) | ||
Specify if applicable | Not Applicable | |
37 | Early Termination Amount | |
If Early Termination Amount is not | 100 per cent. of the Outstanding Principal Amount of | |
the Outstanding Principal Amount of the Debt Instruments, insert | the Debt Instruments. | |
amount or full calculation | ||
provisions | ||
Specify if Holders are not to receive accrued interest on early | Not Applicable | |
redemption on default | ||
38 | Redemption of Zero Coupon Debt | Not Applicable |
Instruments | ||
39 | Deed Poll | Senior Note Deed Poll dated 5 March 2014 |
40 | Taxation | Condition 8.8 is applicable |
41 | Other relevant terms and conditions | Not Applicable |
42 | ISIN | AU3FN0031530 |
Westpac Banking Corporation published this content on 05 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 August 2016 06:50:07 UTC.
Original documenthttp://ir.iguana2.com/westpac/news-item?S=WBC&E=ASX&N=964290
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