Just under two weeks after CBA announced its latest hybrid offering, Westpac has announced it too will issue another hybrid security. While CBA’s PERLS 11 Capital Notes (ASX code: CBAPH) is part of the refinancing of its soon-to-mature CBA PERLS 6 (ASX code: CBAPC), Westpac’s offer is to refinance its Westpac Capital Notes (ASX code: WBCPD) which are callable in March. Westpac plans to raise $750 million via its issue...