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Home» About Macquarie Group» Investor Relations» Shares & securities» Macquarie Exchangeable Capital Securities

Investor Relations

Macquarie Exchangeable Capital Securities

The material and information on this web page and the web pages accessed through this web page (together, the "website") is for distribution only to persons who are not a retail client (defined by section 761G of the Corporations Act 2001 of Australia) and who are sophisticated investors, professional investors or other investors who do not require disclosure under Part 6D.2 of the Corporations Act 2001 of Australia. If you access this website, you are confirming you are entitled to do so.

Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information or advice on this website, you should consider the appropriateness of it (and any relevant product) having regard to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. You should also seek independent financial advice prior to acquiring a financial product.

All securities and financial product or instrument transactions involve risks. Past performance of any product described on this site is not a reliable indication of future performance.

Macquarie only carries on banking activities in those countries it is authorised to do so. Macquarie Bank Limited (MBL) is authorised by the Australian Prudential Regulation Authority (APRA) in Australia to carry out banking business in Australia. Each of MBL, acting through its London branch, and Macquarie Bank International Limited, is authorised and regulated by the UK Financial Services Authority to carry on banking business in the United Kingdom. MBL, acting through its Seoul Branch, is authorised and regulated by the Financial Services Commission in Korea to carry out banking business in Korea. MBL, acting through its Singapore Branch, is authorised and regulated by the Monetary Authority of Singapore to carry out banking business in Singapore. MBL, acting through its Hong Kong branch, is authorised and regulated by the Hong Kong Monetary Authority to carry on banking business in Hong Kong.

Other than MBL, any Macquarie Group entity noted on this page is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). That entity's obligations do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

Macquarie Bank Limited maintains Representative Offices in the states of Illinois, New York and Texas, but is not authorised to conduct business in the US.

Credit ratings	Macquarie ECS is rated by Fitch Ratings: BB+
Distribution calculation	Macquarie ECS are fixed rate instruments that pay a coupon of 10.25 per cent per annum.
Distribution payments	Payable semi-annually in arrears on 20 June and 20 December. Distribution payments are non-cumulative and will only be paid, inter alia, at the sole discretion of the Issuer. Full details of payment terms can be found in the ECS Offering Circular.