Westpac Banking calls A$250 million 6% notes, A$375 million floaters

By Marisa Wong

Madison, Wis., Oct. 12 - Westpac Banking Corp. said it will redeem in whole on Nov. 16 its A$250 million series 2005-7 6% subordinated fixed-rate medium-term notes converting to floating-rate subordinated MTNs due Nov. 16, 2015 and its A$375 million series 2005-8 subordinated floating-rate MTNs due Nov. 16, 2015.

The series 2005-7 notes will be redeemed at par plus interest accrued from and including May 16 to but excluding Nov. 16, and the series 2005-8 notes will be redeemed at par plus interest accrued from and including Aug. 16 to but excluding Nov. 16.

The financial services company is based in Sydney, Australia.

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