Business
Westpac picks up $US5.5b in record bond deal – The Australian Financial Review
Westpac Banking Corp had no trouble finding picking up funding in the US, as it moves on from the RBA’s Term Funding Facility….
Analysts said the bank had $27 billion of term debt maturing in FY22, and typically sought as much as $40 billion in wholesale market funding a year.
This weeks debt deal shows Westpac should have little trouble going back to public markets for its funding,…
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