Macquarie announces Capital Notes 3 offer opens

Company News

by Anna Napoli

Macquarie Group (ASX:MQG) has opened it Capital Notes 3 offer.

It’s hoped the capital notes will raise $650 million.

The margin has been set at 4 to 4.2 per cent per annum.

The final size of the offer will depend on the number of applications received and accepted but will not exceed $1 billion.

Macquaries’s capital notes 3 offer is due to close on June 1.

Shares in Macquarie Group (ASX:MQG) are trading 0.44 per cent higher to $112.24

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.