Notice under section 708A(12H)(e) of the Corporations Act 2001
Insurance Australia Group Limited ("IAG") will today issue NZ$400 million of subordinated notes ("Notes") in New Zealand under a New Zealand product disclosure statement. The Notes are required to be converted into ordinary shares of IAG ("Ordinary Shares") if APRA determines that IAG would become non-viable without such conversion ("Conversion").
Cleansing notice
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