Nov 25 (Reuters) - Bank of Queensland Ltd BOQ.AX :
* LAUNCHED A CAPITAL RAISING, COMPRISING A FULLY UNDERWRITTEN $250 MILLION INSTITUTIONAL SHARE PLACEMENT
* ALSO ANNOUNCES NON-UNDERWRITTEN SHARE PURCHASE PLAN UNDER WHICH BOQ IS TARGETING TO RAISE ABOUT $25 MILLION
* OFFER IS EXPECTED TO ADD ABOUT 80 TO 88 BASIS POINTS TO BOQ'S LEVEL 2 CET1 CAPITAL RATIO
* FINAL ISSUE PRICE OF PLACEMENT WILL BE DETERMINED BY WAY OF A VARIABLE PRICE BOOKBUILD ACROSS $7.69 - $7.78 PER NEW SHARE