Shaw and Partners appointed Joint Lead Manager to the Macquarie Group Capital Notes 3 News07 May 2018

Macquarie Group Limited today announced its intention to raise $A600 million with the ability to raise more or less, through the offer of Macquarie Group Capital Notes 3 (“MCN3”).

 

Shaw and Partners has been appointed Joint Lead Manager to the MCN3 issue along with ANZ, CBA, Citigroup, Evans and Partners, JP Morgan, Morgans, NAB and Westpac.

 

MCN3 are fully paid, subordinated, non-cumulative, unsecured, mandatorily convertible and perpetual notes issued by Macquarie Group at an Issue Price of $A100 per MCN3. Distributions are scheduled to be paid quarterly in arrears.

 

The MCN3 Offer is consistent with Macquarie’s strategy to actively manage its capital mix and maintain diverse sources of funding.  MCN3 will qualify as Eligible Capital for Australian Prudential Regulation Authority purposes. 

 

MCN3 are expected to be quoted on the Australian Securities Exchange under the code MQGPC.

 

For more information please contact your Shaw and Partners Adviser.

 

Disclaimer

The Prospectus relates to the offer by Macquarie Group Limited ABN 94 122 169 279 of Macquarie Group Capital Notes 3 (“MCN3”) to raise $600 million with the ability to raise more or less. The Prospectus is dated 7 May 2018 and a copy was lodged with the Australian Securities and Investments Commission on that date. The prospectus contains full details about the offer and should be read in its entirety before deciding whether to apply for an allocation.  A copy of the Prospectus is available at  www.MCN3Offer.com.au

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