Aug 29 (Reuters) - Suncorp Group Ltd SUN.AX :
* INTENTION TO ISSUE NEW AUSTRALIAN DOLLAR FLOATING RATE, UNSECURED, SUBORDINATED NOTES (WHOLESALE SUBORDINATED NOTES)
* WHOLESALE SUBORDINATED NOTES' PROCEEDS EXPECTED TO BE USED TO FUND TIER 2 CAPITAL OF 1 OR MORE REGULATED ENTITIES WITHIN SUNCORP GROUP