Moody's assigns A3(hyb) rating to Westpac NZ's NZD100 million subordinated notes
Moody's Investors Service ("Moody's") has assigned a rating of A3(hyb) to the NZD100 million potential issuance of subordinated securities by Westpac New Zealand Limited (WNZL, A1/A1 stable, a3). WNZL also has discretion to accept unlimited oversubscriptions. RATINGS RATIONALE The su...
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