Macquarie Group Convertible Preference Securities (CPS) 2008

Macquarie Convertible Preference Securities (CPS) were redeemed on 1 July 2013.

The CPS were preference units in the Macquarie CPS Trust. They were unsecured, non-cumulative and mandatorily convertible. The Macquarie CPS were originally listed on 8 July 2008 and were quoted on the Australian Securities Exchange (ASX) under the code 'MQCPA'.

The CPS offer raised $600 million through the issue of 6 million CPS at $100 each.

For the Macquarie CPS interim and annual reports and associated documents refer to Documents and reports.

Distributions

The distribution rate for each semi-annual distribution until the initial mandatory conversion date was 11.095 per cent.

The CPS paid semi-annual distributions (up to and including the initial mandatory conversion date) on or about:

  • 30 Jun
  • 31 Dec

The CPS paid quarterly distribution payment dates (after the initial mandatory conversion date) on or about:

  • 31 Mar
  • 30 Jun
  • 30 Sep
  • 31 Dec

The distribution rate for each semi-annual distribution until the initial mandatory conversion date was 11.095 per cent.

Distribution rate = 11.095% per annum

Payment date Approximate payment per security ($A)
30/06/2013* $5.5019
31/12/2012* $5.5931
30/06/2012* $5.5323
31/12/2011* $5.5931
30/06/2011 $5.5019
31/12/2010 $5.5931
30/06/2010 $5.5019
31/12/2009 $5.5931
30/06/2009 $5.5019
31/12/2008 $5.3803

*Where this is not a Business Day in NSW, the distribution will be paid on the next day which is a Business Day in NSW.