WESTPAC CAPITAL NOTES

WESTPAC CAPITAL NOTES

Minimum Investment $10,000
Expected Close 21/02/2013

The latest fixed income investment in Westpac

Limited Time Only

Wealth Focus has secured access to the Westpac Capital Notes IPO. Investors looking to apply for a broker firm allocation will need to contact us on 1300 559 869 by close of business on Tuesday.

Allocations may still be available after this date but will be allocated on a first come first served basis

Westpac Capital Notes

Westpac are the latest to offer a fixed income investment. Whilst our analysis shows that we would like to see this offered at the upper end of the indicative range of 3.20%-3.40% over the BBSW, we are in no doubt that the issue will be over subscribed at 3.20% over the BBSW (indicative rate of 6.19%-6.39%pa – 01/02/13).


 

Call us on 1300 559 869 to ask us to secure an allocation.


Key Features

  • Broker firm offer – Our allocation through the broker firm offer means investors are more likely to achieve their desired allocation without waiting for the general offer.
  • Limited Offer – The offer is to raise $500 Million, with the ability to raise more or less. The Notes will be traded on the ASX.
  • Income – Westpac Capital Notes provide holders with quarterly fully franked distributions.
  • High level of income – The indicative distribution rate is 3.20% over the 90 day Bank Bill Swap Rate (2.99% – 01/02/13) for an indicative rate of 6.19% pa.
  • Minimum investment – $10,000 (this is a Wealth Focus minimum)
  • Issue Price – $100

Find out more

If you would like further information on Westpac Capital Notes Offer, please click on the links below:

Please call us on 1300 559 869 to ask us to secure an allocation.

Best regards

Sulieman Ravell
Wealth Focus Pty Ltd


 

What do we get paid?

Wealth Focus will receive a payment of up to 1% plus GST of the amount invested. This commission is paid by the product issuer and is NOT an additional charge to the investor.

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