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Macquarie unit prices A$1.2 bln auto loan-backed issue

Thu Jun 5, 2008 9:37pm EDT

Stocks

   
 (For the latest Australia and New Zealand bond news, double
click on [AU/CRD] and then double click on the ID number)
 SYDNEY, June 6 (Reuters) - Macquarie Leasing Pty Ltd, a
unit of Macquarie Group (MQG.AX), said on Friday it has priced
its A$1.2 billion ($1.1 billion) equivalent auto loan-backed
securities issue.
 JPMorgan (JPM.N), Macquarie Bank and Royal Bank of Scotland
(RBS.L) jointly led the offer.
 Deal details are as follows: CLASS  AMOUNT    RATINGS    
AVERAGE   MARGIN           FINAL
    (MLN)     S&P/Moody's  LIFE*   (basis points)  MATURITY
A-1    A$157.4   A1+/P-1      0.3     +80/1mBBSW       May 2009
A-2A   A$220     AAA/Aaa      2.13    +145/1mBBSW      June
2015 A-2E   EUR155    AAA/Aaa      2.16    +125/3mEuribor  
June 2015 A-2E2  EUR300    AAA/Aaa      2.16    +125/3mEuribor 
 June 2015
 ($1=A$1.04)
 (Reporting by Cecile Lefort)



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