MQG 1.10% $197.82 macquarie group limited

Ann: Note re Macquarie Bank Capital Notes 2, page-2

  1. 670 Posts.
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    Anyone intending to apply for this?

    "The Distribution Rate is based on the Reference Rate plus the Margin, adjusted for franking. The Margin will be determined under a Bookbuild and is expected to be between 4.70% and 4.90%. This range is indicative only and the Margin may be outside this range depending on the outcome of the Bookbuild."

    - Could be a good diversifier and I'm pretty certain income investors will bid it up after it lists.
 
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