MELBOURNE, Australia, Jan. 13, 2011 /CNW/ -- Australia and New Zealand Banking Group Limited (the "Company"), one of Australia's four largest banks, announced today the final results for its previously announced cash tender offer (the "Tender Offer") to purchase any and all of its 3.20% Senior Commonwealth Guaranteed Notes due December 15, 2011 (the "Notes"). Additional terms and conditions of the Tender Offer are set forth in the Offer to Purchase dated December 30, 2010 (the "Offer to Purchase") and the related Letter of Transmittal. The settlement date for the Tender Offer is today, January 14, 2011.
The table below identifies the principal amount of Notes validly tendered and accepted for purchase by the Company.
CUSIP No. ISIN Notes
--------- ---- --------
05252AAB7 144A: Senior
Reg S: 05252AAB70 Commonwealth
05252BAB5 Reg S: Notes
Aggregate Principal Percentage of
Amount Amount Principal
Outstanding and Amount
----------- Accepted Outstanding
-------- Tendered and
$1,900,000,000 $752,316,000 39.6%
The Company retained BofA Merrill Lynch as Dealer Manager. Global Bondholder Services Corporation was retained to serve as the Depositary and Information Agent for the Tender Offer.
For additional information regarding the terms of the Tender Offer, please contact: BofA Merrill Lynch at (888) 292-0070 (toll free) or (980) 388-9217 (collect).
About the Company
The Company is one of the four major banking groups headquartered in Australia. The Company, together with its subsidiaries, provides a broad range of banking and financial products and services to retail, small business, corporate and institutional clients. The Company conducts its operations primarily in Australia, New Zealand and the Asia Pacific region. It also operates in a number of other countries including the United Kingdom and the United States.
Additional information about the Company (including the Company's most recent annual audited consolidated financial statements) is available on the Company's website at www.anz.com/aus/shares/finance/disclosure.asp.
The statements in this press release which are not historical facts may be forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date that they are made and which reflect management's current estimates, projections, expectations or beliefs and which involve risks and uncertainties that could cause actual results and outcomes to be materially different. Risks and uncertainties that may affect the future results of the company include, but are not limited to, adverse results from pending or future government investigations, lawsuits or private actions, the competitive environment, changes in government regulations, changing relationships with customers, payers, suppliers and strategic partners and other factors discussed in the Offer to Purchase.
Web site: http://www.anz.com
SOURCE Australia and New Zealand Banking Group Limited
For further information: Mostyn Kau, Director Group Treasury, +44 20 3229 2013, Mostyn.Kau@anz.com Web Site: http://www.anz.com