PERLS IX has said that it will issue around AUD750m ($574m) in hybrid securities, in order to refinance a similar issue and to fund the bank's continued operations. There is some speculation that the size of the offer will be increased to AUD1bn.
Commonwealth Bank of Australia has said that it will issue around AUD750m ($574m) in hybrid securities, in order to refinance a similar issue and to fund the bank's continued operations. There is some speculation that the size of the offer will be increased to AUD1bn.