Macquarie pauses return to sterling

By Frank Jackman
31 Mar 2021

Macquarie Bank paused its sterling return on Wednesday morning, the day after it announced the deal.

On Tuesday morning the Australian firm (A2/A+/A) commissioned its own investment banking arm, BNP Paribas, HSBC and NatWest Markets to arrange a new December 2025 sterling deal that it planned to sell at the operating company level.

But the next day the leads announced that Macquarie had ...

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