REG - Macquarie Bank Ltd - MBL agreement to repurchase PD Debt Instruments

MacquarieAnnouncement

21/05/2020 12:35

RNS Number : 6392N
  
Macquarie Bank Limited
  
21 May 2020
  
 

Announcement
Date:  21 May 2020
Macquarie Bank Limited (the "Company") announces agreement to repurchase €77,000,000 in aggregate principal amount of its €750,000,000 Floating Rate Unsubordinated Debt Instruments due 19 July 2021 (ISIN: XS2030521384 Common Code: 203052138) (the "PD Debt Instruments")
The Company announces that on 20 May 2020 it agreed to repurchase, at market terms, €77,000,000 in principal amount of the PD Debt Instruments, which represents 10.3% of the aggregate principal amount of the PD Debt Instruments. The repurchase of the PD Debt Instruments will settle on 26 May 2020.
The Company intends that the PD Debt Instruments repurchased will be cancelled in accordance with their terms and conditions. Following such cancellation, the aggregate principal amount of the PD Debt Instruments outstanding shall be €673,000,000. 
The Company may, from time to time, undertake any additional purchases of the PD Debt Instruments as it may decide in its absolute discretion depending on the market conditions prevailing at that time and in accordance with the terms and conditions of the PD Debt Instruments. 
This announcement is not, and is not intended to be, an offer to purchase PD Debt Instruments or a solicitation of offers to sell PD Debt Instruments. Furthermore, this announcement is not an invitation nor is it intended to be an inducement to engage in investment activity for the purpose of section 21 of the Financial Services and Markets Act 2000 (as amended). 



Contact:
 












Craig Eggleton


Group Treasury (Sydney)


+61 2 8232 3333




 
Joshua Gordon-Carr


 
Group Treasury (London)


 
+44 20 3037 4877



 
 
 


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