MELBOURNE - Australia and New Zealand Banking Group Limited (ANZ) has announced an amendment to the final terms of its EUR 1.25 billion floating rate senior unsecured notes due on October 29, 2027. The adjustment, which concerns the interest determination dates, corrects a manifest error found in the original documentation.
The notes in question, carrying the International Securities Identification Number (ISIN) XS2986720816, were initially set with final terms dated January 29, 2025. However, the bank has now replaced these with amended final terms dated today, April 25, 2025.
Specifically, the change pertains to Part 14(vii) of the original final terms. The Interest Determination Date(s) will now read as "Two TARGET2 Business Days prior to the beginning of each Interest Period," ensuring proper alignment with standard financial practices.
All other aspects of the original final terms remain unaffected by this amendment. The updated document is available for holders of the notes to review online. It has also been submitted to the National Storage Mechanism and will be accessible at the Financial Conduct Authority’s storage mechanism database.
This revision is a technical correction and does not affect the overall structure or the return of the financial instrument. ANZ Bank has taken steps to ensure transparency and compliance by promptly notifying the holders of the notes and making the amended final terms publicly available.
The information in this article is based on a press release statement from ANZ Bank.
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