United Kingdom based Commercial Bank Westpac Securities New Zealand Ltd [London] has finalised a private placement in the HKD Fixed Rate Poon Choi Medium Term Note market. The financing matures in 2029 and was executed by a single dealer.
A Poon Choi bond is an HKD-denominated bond issued by a non-Hong-Kongese entity in the Hong-Kongese Foreign Bond market.
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Issuer Details | |
Issuer | Westpac Securities New Zealand Ltd [London] |
LEI | 549300W0N3O6Q4RCKE25 |
Industry | Bank - Commercial |
Country | United Kingdom |
Issuer Description | Westpac Securities NZ Limited raises and manages offshore wholesale funding for Westpac New Zealand Limited. The company was incorporated in 2006 and is based in Auckland, New Zealand. Westpac Securities NZ Limited is a subsidiary of Westpac NZ Operations Limited. |
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Trade Details | |
Security Type | MTN |
Amount | HKD [Login to see full details] |
Total Amount including taps | HKD [Login to see full details] |
Structure | Fixed Rate |
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A Poon Choi bond is an HKD-denominated bond issued by a non-Hong-Kongese entity in the Hong-Kongese Foreign Bond market.
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