Macquarie Bank Announces Tender for Certain of Its Outstanding Senior Notes Business Wire SYDNEY -- May 3, 2013 Macquarie Bank Limited (“MBL”) (ASX: MQG; ADR: MQBKY) announced today that it commenced a cash tender offer for any and all of the outstanding Senior Notes (the “Notes”) listed in the table below. The tender offer is being made pursuant to an offer to purchase and related letter of transmittal, each dated today, which set forth a more complete description of the terms and conditions of the tender offer, including the calculation of the cash purchase price. Holders of the Notes are urged to read the offer to purchase and the related letter of transmittal carefully before making any decisions with respect to the tender offer. The tender offer will expire at 5:00 P.M., New York City time, on May 15, 2013 (the “Expiration Time”) unless extended or earlier terminated. To be eligible to receive the applicable purchase price, holders of the Notes must validly tender and not validly withdraw their Notes on or prior to the Expiration Time. Tendered Notes may be withdrawn at any time on or prior to, but not after, the Expiration Time. The following table summarizes the material pricing terms of the tender offer: Total U.S. Fixed Consideration Bloomberg Spread Title of CUSIP Principal Amount Treasury Security(1) Numbers ISIN per US$1,000 Reference (Basis Outstanding Reference principal Page Points) Security amount 4.100% Fixed Rate Notes due December 17, 2013 To be 144A: determined Guaranteed 55607E 144A: 0.125% AA8 US55607EAA82 at the Price due by the Reg S: Reg S US$1,328,958,000 PX3 + 0 bps 55607G US55607GAA31 Determination December Commonwealth AA3 31, 2013 Time of Australia (the “Series 2008-B1 Notes”) Floating Rate Notes due January 23, 2014 144A: Guaranteed 55607E 144A: AC4 US55607EAC49 by the Reg S: Reg S: US$250,000,000 US$1,009.46 N/A N/A N/A 55607G US55607GAC96 Commonwealth AC9 of Australia (the “Series 2009-B3 Notes”) Floating Rate Notes due March 11, 2014 144A: Guaranteed 55607E 144A: AF7 US55607EAF79 by the Reg S: Reg S: US$650,000,000 US$1,009.31 N/A N/A N/A 55607G US55607GAF28 Commonwealth AF2 of Australia (the “Series 2009-B6 Notes”) 3.300% Fixed Rate Notes due July 17, 2014 To be 144A: determined Guaranteed 55607E 144A: 0.125% AL4 US55607EAL48 at the Price due by the Reg S: Reg S: US$510,784,000 PX4 + 0 bps 55607G US55607GAL95 Determination July 31, Commonwealth AL9 2014 Time of Australia (the “Series 2009-B11 Notes”) The Notes are guaranteed by the Commonwealth of Australia (the ^(1) “Commonwealth”) under the Deed of Guarantee, dated November 20, 2008, executed on behalf of the Commonwealth. MBL will pay holders of the Series 2008-B1 Notes and Series 2009-B11 Notes (collectively, the “Fixed Rate Notes”) that validly tender and do not validly withdraw their Fixed Rate Notes prior to the Expiration Time an amount described below, and will pay holders of the Series 2009-B3 Notes and Series 2009-B6 Notes (collectively, the “Floating Rate Notes”) that validly tender and do not validly withdraw their Floating Rate Notes prior to the Expiration Time the purchase price per US$1,000 principal amount of such series of Floating Rate Notes set forth in the table above. The purchase price for each series of Fixed Rate Notes is calculated as described in the offer to purchase in a manner intended to result in a yield to maturity equal to the sum of the yield to maturity of the applicable reference U.S. Treasury Reference Security for such series of Fixed Rate Notes set forth in the table above (the “Fixed Rate Purchase Price”) as measured at 11:00 A.M., New York City time, on May 15, 2013 (such time and date, as the same may be extended, the “Price Determination Time”) and the applicable fixed spread as shown in the table above. In addition, holders of Notes that are validly tendered and accepted for purchase will receive accrued and unpaid interest on the Notes to, but not including, the settlement date. MBL expects the settlement date to occur on May 17, 2013, which is two business days following the expiration of the tender offer. The tender offer is subject to the satisfaction or waiver of certain conditions set forth in the offer to purchase. BofA Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are serving as dealer managers, and D.F. King & Co., Inc. is serving as the tender agent and information agent for the tender offer. Neither the offer to purchase nor the related letter of transmittal has been lodged with the Australian Securities and Investments Commission and the tender offer is only available to persons in Australia to whom an offer or invitation can be made without disclosure under Parts 6D.2 or 7.9 of the Corporations Act 2001 of Australia. This media release is not an offer to purchase or a solicitation of an offer to sell any securities. The tender offer is being made only pursuant to the terms of the offer to purchase and the related letter of transmittal. Requests for documents may be directed to D.F. King & Co., Inc. toll-free at (800) 769-7666 or in writing at 48 Wall Street, New York, New York 10005. Questions regarding the tender offer in the United States may be directed to BofA Merrill Lynch at (888) 292-0070 (toll-free) or (980) 683-3215 (collect), Citigroup Global Markets Inc. at (800) 558-3745 (toll-free) or (212) 723-6106 (collect) and J.P. Morgan Securities LLC at (866) 834-4666 (toll-free) or (212) 834-4394 (collect). Contact: Macquarie Group Investor Relations Stuart Green, +61 2 8232 8845 or Macquarie Group Investor Relations Karen Khadi, +61 2 8232 3548 or Macquarie Group Media Relations Lisa Jamieson, +61 2 8232 6016 or Macquarie Group Media Relations Navleen Prasad, +61 2 8232 6472
Macquarie Bank Announces Tender for Certain of Its Outstanding Senior Notes
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