$200M Hybrid Security Investment by NRFC
| Stock | Macquarie Technology Group Ltd (MAQ.ASX) |
|---|---|
| Release Time | 11 Mar 2026, 8:28 a.m. |
| Price Sensitive | Yes |
Macquarie Technology Group secures $200M hybrid investment
- Macquarie Technology Group secures A$200 million hybrid investment from National Reconstruction Fund Corporation
- Investment will support development of sovereign secure digital infrastructure and cyber security services
- Provides long-term capital and financial flexibility to support strategic growth initiatives
Macquarie Technology Group Limited (ASX: MAQ) has announced that it has secured a A$200 million hybrid investment from the National Reconstruction Fund Corporation ('NRFC'), a sovereign investor established by the Australian Government to support nationally significant technological innovation, digital infrastructure, defence and national security. The investment will be made via a delayed-draw facility for the issue of A$200 million of perpetual, callable, subordinated, unsecured and non-convertible securities ('Hybrid Securities') to be issued in two series, with the first series to be issued before or on 1 June 2026 and the second series to be issued before or on 1 March 2027. The proceeds of the issue will be used by the Company and its subsidiaries for the development of sovereign secure digital infrastructure and cyber security services, with strategic product development initiatives focused on its Cloud Services and Government ('CS&G') business segment supporting accelerated use of sovereign cloud services and AI by Australian government agencies, the Department of Defence, defence industry, critical infrastructure sectors, and Australian businesses. This investment by NRFC as a long-term, strategic partner, provides an efficient, non-dilutive form of capital that significantly enhances the Group's balance sheet flexibility and an initial financing initiative to obtaining incremental funding to support strategic growth initiatives.