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Article: MOODY'S ASSIGNS A2 / PRIME-1 RATINGS TO MACQUARIE GROUP LIMITED

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Info-Prod Research (Middle East)
Article date:
November 18, 2007
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Moody's Investors Service today assigned A2 / Prime-1 issuer ratings with a stable outlook to Macquarie Group Limited and Macquarie Financial Holdings Limited. A positive outlook was placed on Macquarie Bank Limited's A1 issuer and deposit ratings, and on its bank financial strength rating of C+. The A2 / Prime-1 issuer ratings of Macquarie International Finance Limited were affirmed with a stable outlook. "The A2 / P-1 issuer ratings assigned to Macquarie Group Limited recognise the franchise strength and diversity of its subsidiaries' business lines; the Group's prudent funding and liquidity profile; but also the structural subordination of the Macquarie Group Limited's obligations ...

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