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Tradeable Interest-bearing Convertible to Equity Trust Securities

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MAREST (Macquarie Airports Reset Exchange Securities Trust) is a registered managed investment scheme which was established to issue hybrid securities, called Tradeable Interest-bearing Convertible to Equity Trust Securities (TICkETS). The proceeds from the issue of TICkETS were used by Macquarie Airports (MAp) to partially fund its investment in Brussels Airport.

 

TICkETS listed on the Australian Stock Exchange on 20 December 2004.
The listing code is MAZPA.
MMG - Macquarie Bank Limited
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