[private role='subscriber'] Following the announcement of the redemption of Westpac’s TPS units (ASX code: WCTPA), the bank has announced the issue of Westpac Capital Notes 4 (ASX code: WBCPG), with the intention to raise $750 million and the ability to raise a greater or lesser amount subject to demand. The new issue is in line with Westpac’s policy of replacing non-Basel III compliant securities. The new capital notes will qualify...