Marex Group Limited filed a 424B2 pricing supplement on July 31, 2026, covering $310,000 in Autocallable Fixed Income Notes with Absolute Return Buffer linked to the common stock of Micron Technology, Inc. ( Nasdaq : MU), with a stated Maturity date of February 7, 2028.

Key Highlights

  • Total offering size: $310,000 at $1,000 per Note, with proceeds to the issuer of $302,250 after an Underwriting discount of $7,750.
  • Fixed Interest Rate : 2.438% per quarter ($24.38 per $1,000 principal), equivalent to 9.752% per annum, paid regardless of Micron stock performance.
  • Call threshold: $787.19, equal to 90.00% of the Initial Value of $874.66, the closing price of Micron common stock on the Pricing Date of July 30, 2026.
  • Buffer protection: A 50.00% absolute return buffer applies at maturity; losses beyond that 50% decline are magnified by a 2-to-1 downside Leverage Factor , with up to 100% of principal at risk.
  • Estimated initial value: $954.40 per Note on the Trade Date, which the filing notes is less than the $1,000 price to public.
  • Listing application: Application has been made to list and trade the Notes on the Vienna Multilateral Trading Facility of the Vienna Stock Exchange.
  • CUSIP/ISIN: 56653C2L8 / US56653C2L82, in book-entry form.

Structure and Payment Terms of the Marex Notes Tied to Micron Technology

According to the pricing supplement, Marex Group Limited is the issuer of these senior unsecured Debt securities, and all payments are subject to Marex's Credit risk. The Reference Asset is the common stock of Micron Technology, Inc. (Bloomberg ticker: MU), with an Initial Value of $874.66 based on the closing price on the Pricing Date of July 30, 2026. The Notes carry a term of approximately 1.5 years if not automatically called, with a Final Valuation Date of January 31, 2028, and a Maturity Date of February 7, 2028.

The filing describes an automatic call feature: if Micron's closing price on any Call Observation Date on or after October 30, 2026 is at or above the Call Threshold of $787.19, the Notes will be redeemed at the principal amount plus the applicable interest payment. There are five scheduled Call Observation Dates between October 30, 2026, and November 1, 2027. At maturity, if not called and the Reference Return is positive, holders receive $1,000 plus a full 1.00x gain; if the stock declines by no more than 50.00%, holders receive a positive return equal to the absolute value of that decline; and if the decline exceeds 50.00%, holders lose 2.00% of principal for each additional percentage point of decline, per the filing.

The filing states that Marex Capital Markets Inc. (MCMI), an affiliate of Marex Group Limited, acted as agent and purchased the Notes at an underwriting discount of $25.00 per $1,000 principal amount. The calculation agent is identified as Marex Financial, also described as an affiliate. The filing cautions that the Notes are not FDIC insured, are not bank guaranteed, and may lose value. The filing also notes that any forward-looking characterizations are the company's own and subject to its cautionary language.

What Was Disclosed

Marex Group Limited disclosed the full pricing terms for $310,000 in structured notes linked to Micron Technology common stock (NASDAQ: MU), including interest rates, call thresholds, buffer mechanics, downside leverage, estimated initial value, distribution arrangements, and listing application details, via a 424B2 filing dated July 31, 2026.