---
title: "ANZ Raises €750m in Subordinated Notes to Bolster Regulatory Capital"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286361394.md"
description: "ANZ Group Holdings has issued €750 million in subordinated notes due 2038 under its Euro Medium Term Note Programme. These notes are designed to convert into ordinary shares if the bank is deemed non-viable by regulators. The issuance will not materially impact the bank's financial position but qualifies as regulatory capital, potentially increasing shareholders' equity upon conversion. The notes have a maximum conversion limit to mitigate dilution for existing shareholders. ANZ also emphasized its commitment to transparency regarding financial and governance documents for investors."
datetime: "2026-05-14T05:17:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286361394.md)
  - [en](https://longbridge.com/en/news/286361394.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286361394.md)
generator: "portal-rs"
---

# ANZ Raises €750m in Subordinated Notes to Bolster Regulatory Capital

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An announcement from ANZ Group Holdings ( (AU:ANZ) ) is now available.

Australia and New Zealand Banking Group has issued €750 million of subordinated notes due 2038 under its Euro Medium Term Note Programme, structured to convert into ANZ Group Holdings ordinary shares if regulators determine the bank would otherwise become non‑viable. The bank said the issue will not have a material impact on the financial position of either entity, but the securities qualify as regulatory capital and could increase ANZ Group’s shareholders’ equity upon conversion, reinforcing its capital management and regulatory compliance framework.

The notes carry a maximum conversion number of 22,401.4337 ANZ Group shares per €100,000 note, based on a reference volume‑weighted average price, which caps potential dilution for existing shareholders in a stress event. ANZ also reiterated its ongoing disclosure obligations under Australian corporate and listing rules, outlining the availability of key financial and governance documents to investors, which supports transparency around this new capital instrument for wholesale market participants.

**More about ANZ Group Holdings**

ANZ Group Holdings is the listed parent of Australia and New Zealand Banking Group, one of the major banking and financial services institutions in Australia and New Zealand. The group focuses on retail, commercial and institutional banking, operating in domestic and international capital markets and regularly issuing wholesale debt to support its regulatory capital and funding needs.

Learn more about ANZ stock on TipRanks’ Stock Analysis page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**