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QBE Prices AUD 600 Million Tier 2 Subordinated Notes Due 2036

2:29am on Monday 2nd of June, 2025 AEST Financials
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QBE Prices AUD 600 Million Tier 2 Subordinated Notes Due 2036

2:29am on Monday 2nd of June, 2025 AEST
Key Points
  • AUD 600 million subordinated notes issued under Note Issuance Programme
  • Two tranches: AUD 275 million floating rate and AUD 325 million fixed-to-floating rate notes
  • Notes qualify as Tier 2 Capital under APRA’s prudential standards
  • Maturity set for 2036 with callable options subject to APRA approval
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