Return of the Mac: Aussie firm takes second stab at sterling

By Frank Jackman
07 Apr 2021

Macquarie Bank ended a seven year absence from the sterling market on Wednesday morning, having postponed its comeback transaction a week earlier.

Last Tuesday, the Aussie borrower (A2/A+/A) had commissioned its own investment bank, BNP Paribas, HSBC and NatWest Markets to arrange a December 2025 operating company level deal, but a day later requested they to pause the trade for “reasons unrelated to the market”.

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