By Mary-Katherine Stinson
Lexington, Ky., March 28 – Australia and New Zealand Banking Group Ltd. priced $100 million 0% callable notes, series 2094, due March 30, 2043 at par, according to a final term sheet.
The notes have an amortization yield of 4.93%.
The notes are redeemable at 261.31578134% of the total principal amount. The bank may call the notes in whole on March 20, 2030 at a price per calculation amount of $2,801,094.14, on March 20, 2035 at a price per calculation amount of $3,563,084.07 or on March 20, 2040 at a price per calculation amount of $4,532,360.38.
The final redemption amount of each note is $5,226,315.63 per calculation amount.
Australia and New Zealand Banking Group was the dealer.
The notes were issued under the bank’s $60 billion euro medium-term note program.
The financial services company is based in Melbourne.
| Issuer: | Australia and New Zealand Banking Group Ltd.
|
| Amount: | $100 million
|
| Issue: | Callable notes, series 2094, tranche 1
|
| Maturity: | March 30, 2043
|
| Dealer: | Australia and New Zealand Banking Group Ltd.
|
| Coupon: | 0%
|
| Price: | Par
|
| Amortization yield: | 4.93%
|
| Call features: | At the issuer’s option in whole on March 20, 2030 per calculation amount of $2,801,094.14, March 20, 2035 per calculation amount of $3,563,084.07 or March 20, 2040 per calculation amount of $4,532,360.38
|
| Pricing date: | March 28
|
| Settlement date: | March 30
|
| Distribution: | Tefra D rules; Regulation S, category 2
|
| ISIN: | XS2605831747
|
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