Australia's Commonwealth Bank to issue debt to raise about $530.6 million

FILE PHOTO: The logo for the Commonwealth Bank of Australia adorns their head office in central Sydney, Australia, October 12, 2017. REUTERS/David Gray

(Reuters) - Commonwealth Bank of Australia <CBA.AX> said on Thursday it would issue debt through a hybrid capital notes offer to raise about A$750 million ($530.63 million).

The Australian lender said the notes would have a face value of A$100 and carry a margin between 3.70 percent and 3.90 percent.

In March, CBA made a similar issuance, then raising about A$1.25 billion.

(Reporting By Rushil Dutta in Bengaluru; Editing by Chris Reese)