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Macquarie Technology Group Limited (ASX:MAQ)

ALERT: Price-sensitive ASX Announcement for MAQ
Current share price for MAQ : $62.390 -0.36 (-0.57%)+
Announcement
Release
11 Mar 2026 8:28AM
Price at Release
$62.750
Full Release
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Summary
Macquarie Technology Group Limited has secured a A$200 million investment from the National Reconstruction Fund Corporation (NRFC), structured as a delayed-draw facility for issuing perpetual, callable, subordinated, unsecured, and non-convertible securities. This investment is aimed at enhancing the group's financial flexibility and supporting strategic growth initiatives, particularly in secure digital infrastructure and cyber security. The investment will be issued in two series, with the first available by 1 June 2026 and the second by 1 March 2027, and will support the development of the Cloud Services and Government business segment. The securities offer a fixed distribution rate of 6% per annum up to the first call date, then switch to a floating rate. This initiative seeks to diversify the group's funding sources while supporting the Australian economy.
Key Points
  • Macquarie Technology Group Limited secures A$200 million investment from National Reconstruction Fund Corporation.
  • The investment will be through a delayed-draw facility for perpetual, callable, subordinated, unsecured, and non-convertible securities.
  • The securities will be issued in two series, with the first series available by 1 June 2026 and the second by 1 March 2027.
  • The investment supports the development of secure digital infrastructure and cyber security services.
  • The proceeds will be used for strategic product development in the Cloud Services and Government business segment.
  • Distributions pay a fixed rate of 6% p.a. up to the first call date, transitioning to a floating rate thereafter.
  • Macquarie Technology Group aims to enhance financial flexibility and diversify funding sources.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.