Westpac today announced its intention to redeem the $925 million Westpac Subordinated Notes 2 (ASX: WBCHB).
The notes are expected to be redeemed on the first optional call date (22 August 2018) and investors will receive par value together with the final interest payment of $1.07 per note.
The record date is the 14th of August 2018 and the last day of trading on the ASX is the 10th of August 2018.