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Macquarie consortium signs merger agreement to acquire Puget Energy |
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29 October 2007 Macquarie Bank Limited (MBL) today notes the attached release made in Bellevue, Washington (USA) on 26 October 2007 regarding the signing of a merger agreement between a Macquarie Consortium and Puget Energy. MBL advises that it has committed US$500m for an approximate 16% stake in the consortium. MBL also advises that the impact of the transaction on its current Tier 1 capital ratio is not expected to be material. Contacts:
Richard Nelson
Paula Hannaford Puget Energy Media Release (pdf 47 KB) |
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policy Macquarie Bank Limited ABN 46 008 583 542 |
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Where we provide any advice on this website, it has been prepared without considering your objectives, financial situation or needs. Before acting on any advice on this website, you should consider its appropriateness to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. Past performance of any product described on this site is not a reliable indication of future performance. Any Macquarie subsidiary noted on this page is
not an authorised deposit-taking institution for the purposes of the Banking
Act (Cwth) 1959. That subsidiary's obligations do not represent deposits
or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL).
MBL does not guarantee or otherwise provide assurance in respect of the
obligations of that subsidiary, unless noted otherwise. |