Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 351 - 360 of 360 results for "Tier 1"

Moody's assigns A2 rating to ANZ $750 million issue

Moody's Investors Service assigned an A2 rating to ANZ Banking Group Ltd's issue of reset preference shares. The issue size is $750 million with the ability to raise over-subscriptions for up to $250 million. The outlook for the rating is stable, Moody's ...

S&P assigns A-minus long-term rating to ANZ StEPS issue

Standard & Poor's Ratings Services has assigned its A-minus long-term rating to Australia and New Zealand Banking Group Ltd's (ANZ) announced A$750 million stapled exchangeable preferred securities (StEPS) issue. The issue has the ability to accept ...

Moody's rates Westpac trust preferred securities issue

Moody's Investors Service has assigned a rating of A2 to Westpac Banking Corp's $US750 million issue of trust preferred securities. The outlook for the rating is stable. Moody's said the A2 rating is two notches lower than Westpac's senior debt obligations ...

CBA to conduct US roadshow to evaluate hybrid security interest

WITH AAP  |  MONDAY, 28 JUL 2003
The Commonwealth Bank of Australia (CBA) announced today it would conduct a roadshow in the US this week to evaluate institutional investor interest in a possible US dollar tier one-hybrid security issue. The bank said the timing of the roadshow had ...

Adelaide Bank expresses concern at APRA policy paper

Adelaide Bank has expressed concern at an alleged policy discussion paper that may be released by the Australian Prudential Regulation Authority (APRA) in the near future; which deals with proposed changes to the capital treatment of capitalised costs. ...

St George's $250m subordinated notes issue oversubscribed

St George Bank has announced the pricing of a new $250 million subordinated notes issue that was oversubscribed at final allotment following "strong investor demand". The notes will have a 10-year tenure, maturing on May 20 2013. They will be callable ...

St George Bank launches $200 million in subordinated notes

St George Bank has announced plans to launch a new $200 million subordinated notes issue this week on a fixed and floating rate form. The notes will have a 10-year tenure and will mature in May 2013, it said. The bank said that they will be callable ...

IAG issues $400 million in subordinated notes in North America

Insurance Australia Group, the parent company of Australasia's leading general insurance group, today announced the successful allocation of US$240 million ($400 million) of subordinated notes to lenders in the North American private placement market. ...

Colonial hires Dixon as general manager of investments

David Dixon, current chief investment officer at Insurance Australia Group (IAG) and former head of Australian equities at Westpac Investment Management, has been appointed the general manager of investments at Colonial First State and will take up ...

Tower boosts cash levels to meet APRA demands

Tower Limited today announced that it has completed a capital restructure to meet solvency requirements imposed by the Australian Prudential and Regulation Authority (APRA) on its Australian operations. "Tower Australia now has a fully restored capital ...