Macquarie pauses return to sterling

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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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