Westpac Banking plans to sell five-year government-guaranteed notes

By Andrea Heisinger

New York, Sept. 1 - Westpac Banking Corp. is selling five-year notes, a market source said Tuesday.

The notes (Aaa/AAA) will be guaranteed by the Australian government and priced via Rule 144A.

Pricing is expected Wednesday, the market source said.

Bookrunners are Bank of America Merrill Lynch and Goldman Sachs & Co.

The banking and financial services company is based in Sydney, Australia.

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