Macquarie Group launches $1 bln 5-year notes - IFR

NEW YORK, July 30 | Thu Jul 30, 2009 10:55am EDT

NEW YORK, July 30 (Reuters) - Macquarie Group (MQG.AX) on Thursday launched its $1 billion five-year note sale, with pricing expected later on Thursday, said IFR, a Thomson Reuters service.

The notes are expected to yield 475 basis points over comparable U.S. Treasuries, according to IFR.

The joint lead managers on the offering is Banc of America Merrill Lynch, Citigroup Global markets and JP Morgan. (Reporting by Caryn Trokie; Editing by James Dalgleish)

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