Westpac Capital Notes 6 - Completion of Bookbuild & Replacement Prospectus

Westpac Banking Corporation (Westpac) on 19 November 2018 announced the successful completion of the Bookbuild for the offer of Westpac Capital Notes 6 (Prospective ASX Code: WBCPI).

The final margin was set at 3.70% p.a. over 90 Day BBSW, at the bottom of the indicative range (3.70 - 3.90%).

The Offer size has been increased to approximately $1.25 billion and the final Offer size will be determined following the close of the Reinvestment Offer and Securityholder Offer.

A replacement prospectus was issued on 20 November 2018, the same date as the opening of the Reinvestment Offer and Securityholder Offer, both of which are expected to close on 11 December 2018.