IAG announces capital notes distributions for December 2025 quarter

Insurance Australia Group Limited (IAG) has announced distributions for its IAGPE and IAGPF Capital Notes, both scheduled for payment on December 15, 2025. The distributions relate to a period of one quarter, ending on December 14, 2025, with an ex-date of December 2, 2025, and a record date of December 3, 2025.

For IAGPE Capital Notes, the distribution amount is AUD 1.50690000 per security. This is based on a reference rate of 3.5802% and a margin of 3.5000%, resulting in a total distribution rate of 7.0802% before franking adjustments. After applying a franking adjustment factor of 85.3659%, the adjusted distribution rate is 6.0441% p.a. for 91 days. The distribution is 40% franked, with an applicable corporate tax rate for franking credit of 30%. The franked amount is AUD 0.60280000, and the unfranked amount is AUD 0.90410000.

Similarly, for IAGPF Capital Notes, the distribution amount is AUD 1.44300000 per security. This is calculated from a reference rate of 3.5802% and a margin of 3.2000%, totaling a pre-franking distribution rate of 6.7802%. With the same franking adjustment factor of 85.3659%, the adjusted distribution rate is 5.7880% p.a. for 91 days. This distribution is also 40% franked, with the franked portion being AUD 0.57720000 and the unfranked portion AUD 0.86580000.