Macquarie Group Bolsters Capital with A$1.25 Billion Subordinated Notes Issuance

Macquarie Group Limited ( (AU:MQG) ) has issued an announcement.

Macquarie Group Limited and Macquarie Bank Limited have announced the issuance of A$1.25 billion in subordinated notes, aimed at enhancing the regulatory capital of Macquarie Bank Limited. This move is expected to increase the bank’s total liabilities and Tier 2 Capital, aligning with APRA’s regulatory capital requirements, and potentially strengthening the bank’s financial position and market competitiveness.

The most recent analyst rating on (AU:MQG) stock is a Hold with a A$191.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.

More about Macquarie Group Limited

Macquarie Group Limited is a global financial services company that operates in various sectors, including banking, financial advisory, investment management, and funds management. It is known for its diverse range of services and products, catering to institutional, corporate, and retail clients worldwide.

Average Trading Volume: 919,850

Technical Sentiment Signal: Buy

Current Market Cap: A$76.76B

For detailed information about MQG stock, go to TipRanks’ Stock Analysis page.