ANZ kicks off hybrids ball game

The top-tier bank is aiming to raise at least $1 billion via its capital refinancing.

With almost $4.4 billion of transitional Tier 1 capital due to be called this year, ANZ became the first to act last week when it announced its Capital Notes 2 issue.

ANZ is hoping to raise $1 billion or more from the sale of the Capital Notes 2.


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