Australian Bond Exchange

Magnetic Rail Group Secured Notes

(This investment is available only to ‘wholesale clients’ as defined in the Corporations Act)

Invest in an 9.25%pa 27 May 2030 AUD Note issued by Magnetic Rail Group Pty Ltd (MGR) under its Australian Medium Term Note Programme (AMTN).

The information below is a summary of this investment opportunity. Investors must obtain and read the Information Memorandum and Issue Supplement 1 (both dated 20 March 2025) before investing in this opportunity.  

Overview

The MRG Australian Medium Term Note (AMTN) Program has been established to raise funds through the issuance of Australian dollar denominated Notes. The proceeds of each Series will be applied in accordance with the terms of the relevant Series Supplement, typically for financing, refinancing, or general corporate purposes.

MRG, through the AMTN Program, provides investors with access to fixed income securities that may include both fixed and floating rate notes, secured or unsecured, depending on the series being offered.

Investors should note:

  • Wholesale Clients Only: The Program is designed for wholesale investors, consistent with Australian Corporations Act requirements.

  • Documentation: You should read the Information Memorandum and Pricing Supplements before investing in this note.

Note Disclosure Documents

• Information Memorandum dated 20 May 2025

Marketing Documents

• Investor Presentation

Speak to an Adviser

Key Terms

IssuerMagnetic Rail Group Pty Ltd ABN 27 663 519 962
Coupon9.25% p.a (fixed), paid semi-annually
Yield to Maturity7.5% p.a to 8.0% p.a. range
Maturity Date27 May 2030
Issue SizeAUD 175 million
Minimum Investment$50,000 AUD
ABE CodeAU3CB0322055
ISINAU3CB0322055

Risks

This is an overview of the main risks associated with this investment.  Further details are set out in the Information Memorandum.

Risks This is an overview of the main risks associated with this investment.  Further details are set out in the Information Memorandum.

  • Interest rate movements – may impact the attractiveness of the Notes;
  • Illiquidity – the Notes may be difficult to trade; prior to maturity.
  • Reliance on MGR’s performance – MGR’s ability to pay interest and to repay the principal at maturity relies on MGR’s performance;
Reserve Your Allocation
Disclaimer: This webpage has been prepared by ABE Distribution Pty. Ltd ACN 673 177 912 (“ABE”). ABE is a Corporate Authorised Representative number 1307088 of Novus Capital Limited ACN 006 711 995 AFSL 238168. It describes an offer which is available only to ‘wholesale clients’ (as defined in the Corporations Act) only. Before investing in this Note, you should read the Information Memorandum and Issue Supplement 1 (both dated 21 March 2025) and consider whether an investment in the Note is appropriate for you. No representation or warranty is made as to the accuracy, completeness or reliability of any estimates, opinions, conclusions, or other information contained in the content. The content may contain certain forward-looking statements. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors, many of which are beyond our control. To the maximum extent permitted by law the Investment Manager disclaims all liability and responsibility for any direct or indirect loss or damage that you may suffer as a result of relying on anything in this content. Past performance is not an indication of future performance.