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BNY Mellon appointed Westpac fiscal agent
17 February 2010
BNY Mellon has been appointed as fiscal agent for Westpac $1.2 billion of Samurai bonds
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BNY Mellon
Westpac
fiscal agent
Samurai bonds
BNY Mellon, the global leader in asset management and securities servicing, has been appointed as Fiscal Agent for Westpac Banking Corporation's (“Westpac”) Yen 111.3 billion ($1.2 billion) of Samurai bonds. A Samurai bond is one that is issued by an organisation that is not based in Japan but wants to reach investors using a Japanese yen bond.
Westpac, Australia's second largest bank by market capitalization, sold the Samurai bonds in three tranches - 83.1 billion yen in five-year fixed-rate bonds, 16.9 billion yen in five-year floating-rate bonds and 11.3...
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