ANZ share price slips as $1 billion note issue lands and ex-CEO drops bonus suit
ANZ shares closed down 0.5% at A$39.57 after the bank announced a A$1 billion subordinated note issue and said former CEO Shayne Elliott dropped legal action with no payout. Trading volume reached 2.15 million shares. The S&P/ASX 200 ended nearly flat. Investors are watching funding costs and ANZ’s May 7 results.