ANZ to redeem Capital Notes 5, continues share buy-back

Australia and New Zealand Banking Group (ANZ) has announced it will redeem all outstanding ANZ Capital Notes 5 (ASX: AN3PH) on March 20, 2025, at their face value of $100 each. CN5 holders registered by March 7, 2025, will be entitled to the face value plus a final distribution of $1.5645 per note. Trading of the CN5 on the ASX will cease on March 5, 2025. This redemption does not indicate any intention to redeem other outstanding capital instruments, which would still require regulatory approval.