Macquarie Bank Limited announcement for suspending of warrants

Macquarie Bank Limited announcement for suspending of warrants

Macquarie Bank Limited Announces Suspension of Warrant Programme
On August 10, 2022, Macquarie Bank Limited (MABL) issued a formal announcement regarding the suspension of its warrant programme, as referenced in internal operational communications. This decision aligns with the bank's broader risk management framework and strategic review of structured product offerings, though specific reasons for the suspension were not disclosed in publicly accessible materials.

The warrant programme, governed by a base prospectus dated 2016, outlines terms for issuing non-collateralised warrants, including equity-linked and commodity-linked structures. Investors holding existing warrants under this programme are advised to review the base prospectus for redemption schedules, exercise periods, and liquidity considerations. No further issuance of new warrants will proceed under the current framework, according to the August 2022 notice.

Historical filings indicate that MABL has previously managed similar structured products through Hong Kong's SEHK announcements, including non-collateralised instruments tied to equity indices and single-name equities. These products typically carry variable terms, such as automatic coupon adjustments and barrier features, which may affect investor returns. The suspension does not impact existing warrants but halts new subscriptions, consistent with regulatory and market conditions as of mid-2022.

Investors are encouraged to consult the base prospectus and monitor official updates from MABL for potential reinstatement or modifications to the programme. The move reflects broader industry trends of recalibrating structured product portfolios amid evolving market volatility and regulatory scrutiny.

Non-collateralised Structured Products Announcement for:
Non-collateralised Structured Products Announcement for:
Non-collateralised Structured Products Announcement for:

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