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CBA issues $100 million worth of subordinated notes

Australian Business News
Australian Business News
24 days ago|4 views
The Commonwealth Bank (ASX:CBA) has today announced it will issue AUD 100 million worth of subordinated notes. The 3.66 per cent subordinated notes are due 2034. The move follows the issue of US$2.5 billion worth of subordinated notes on 12 September 2019. CBA says the issue of subordinated notes will not have a material impact on its financial position. Shares in CBA (ASX:CBA) trading 9.4 per cent higher at $82.47.

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