Fitch re-rates Macquarie stable
Fitch Ratings has revised its outlook on Macquarie Group Limited and its Australian subsidiaries upwards from negative to stable .
The subsidiaries included in the review are Macquarie Bank Limited (MBL), Macquarie Financial Holdings Pty Limited and Macquarie International Finance Limited.
In a statement Fitch explained that [Macquarie Bank] is the group s main operating subsidiary; the bank s issuer default ratings, viability rating and senior debt rating are underpinned by robust risk controls and a high-quality management team, which has driven a strong financial profile over a number of years. These factors offset the greater level of business model complexity, which has a significant level of non-traditional banking operations relative to domestic bank peers, and its higher reliance on wholesale funding compared with some international peers, the ratings agency said.
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MIC Announces Results of Voting at Special Meeting of Shareholders
May 11, 2021 GMT
NEW YORK (BUSINESS WIRE) May 11, 2021
Macquarie Infrastructure Corporation (NYSE: MIC) today announced the approval of its proposed plan of merger at a Special Meeting of Shareholders of the Company conducted on May 6, 2021.
At the Special Meeting, shareholders voted overwhelmingly to approve a plan of merger that could result in the reorganization of the Company into a listed limited liability company treated as a partnership for tax purposes. The proposal received support from 99.6% (including abstentions) of the shareholders who voted.
MIC Reports First Quarter 2021 Financial And Operational Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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FIBRA Macquarie México Reports First Quarter 2021 Results
April 30, 2021 GMT
MEXICO CITY (BUSINESS WIRE) Apr 29, 2021
FIBRA Macquarie México (FIBRAMQ) (BMV: FIBRAMQ), owner of one of the largest portfolios of industrial and retail property in Mexico, announced its financial and operating results for the first quarter ended March 31, 2021.
FIRST QUARTER 2021 HIGHLIGHTS
Average industrial portfolio rental rates increased 3.6% YoY
88.3% of retail GLA and 90.5% of retail ABR remains open and operating
Consolidated occupancy stable at 93.8%
1Q21 AFFO per certificate of Ps 0.5600, down 25.2% YoY. Excluding non-recurring lease early termination income received in 1Q20, AFFO per certificate down 8.0% YoY
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Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DDF
April 30, 2021 GMT
PHILADELPHIA (BUSINESS WIRE) Apr 30, 2021
On April 30, 2021, Delaware Investments Dividend and Income Fund, Inc. (NYSE: DDF) (the “Fund”), a closed-end fund, paid a monthly distribution on its common stock of $0.0637 per share to shareholders of record at the close of business on April 23, 2021.
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source. These percentages are disc