March 18 (Reuters) - Canadian Western Bank CWB.TO :
* CWB ANNOUNCES OFFERING OF LIMITED RECOURSE CAPITAL NOTES
* ANNOUNCED ITS INTENT TO ISSUE $150 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.00% LIMITED RECOURSE CAPITAL NOTES SERIES 2
* NOTES ARE TO BE SOLD THROUGH A SYNDICATE OF AGENTS CO-LED BY RBC CAPITAL MARKETS AND BMO CAPITAL MARKETS
* INTEREST ON NOTES WILL BE PAYABLE SEMI-ANNUALLY FROM DATE OF ISSUE UNTIL JULY 31, 2026 AT 5.00% PER ANNUM
* INTEREST RATE ON NOTES WILL RESET EVERY FIVE YEARS AT A RATE EQUAL TO 5-YEAR GOVERNMENT OF CANADA YIELD PLUS 3.949%