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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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