(Reuters) - Westpac Banking Corp <WBC.AX> said on Monday it intends to raise about A$750 million ($540 million) through an offering of capital notes.
Each note will have an issue price of A$100, and the distribution margin on the notes is expected to be between 3.70 percent and 3.90 percent per annum, the bank said in a statement.
The move comes days after the Australian Prudential Regulation Authority (APRA) flagged higher capital requirements for the country's four biggest lenders.
(Reporting by Chandini Monnappa in Bengaluru; editing by David Stamp)
