Redeemed securities – Wholesale securities
Macquarie Income Preferred Securities
Macquarie Income Preferred Securities (MIPS) were redeemed on 22 June 2015.
The MIPS were Tier 1 eligible hybrid securities issued by a special purpose partnership controlled by entities within the Macquarie Group.
The MIPS were quoted on the Luxembourg Stock Exchange (LUX) under the code ‘XS0201559811’. They were originally listed on 22 September 2004.
Refer to the MIPS Offering Circular for further details.
Distributions
The MIPS paid semi-annual non-cumulative distributions in arrears on:
- 15 April
- 15 October
Refer to the MIPS Offering Circular for further details.
Documentation
View documentation for the Macquarie Income Preferred Securities
Credit ratings
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| Rating agency | Rating |
|---|---|
| Standard & Poor's | BB+ |
| Moody's Investors Services | Ba1 |
| Fitch Ratings | BB+ |