ANZ increases size of new tier one offer to A$1.34 billion [UPDATED]
- Tuesday, 23 August 2011
The Australian tier one market kicked into gear on August 23 as ANZ (AA/Aa2/AA-) announced the offer of a new convertible preference shares (CPS) transaction. Having launched the offer at a volume of A$750 million (US$784.3 million), ANZ upsized the deal to A$1.34 billlion due to "strong investor demand".
