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After almost 7 years working on its debt requirements and transactional banking, Westpac Institutional Bank had a strong understanding of Wattyl's business.
So when Wattyl decided to embark on a new capital management strategy, we were perfectly placed. Within 24 hours we were able to express our support for the strategy and provide funding to help execute it.
This timely readiness helped ensure Wattyl had the right structure – and shareholder support – to move forward in an increasingly competitive market.
Indeed, their future looks brighter than ever.
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