July 20 (Reuters) - Westpac Banking Corp WBC.AX :
* Westpac considers NZD subordinated notes offer
* Notes are expected to have a term of 10 years but may be repaid earlier in
certain circumstances
* Offer is expected to open in August 2016
* Notes are expected to be treated as tier 2 capital for Westpac and are
expected to be quoted on the NZX debt market
* Source text for Eikon ID:nASX6SzdCG