Macquarie GroupÆs A$9 billion multi-tranche fundraising was sealed on November 13 via a syndicate of 44 banks. The facility was heavily oversubscribed, and was upsized from A$8 billion. ABN AMRO, ANZ, Barclays Capital, Dresdner Kleinwort, HSBC, National Australia Bank, Royal Bank of Scotland, Westpac Banking Corp, Commonwealth Bank of Australia, JP Morgan and Merrill Lynch were the original mandated lead arrangers.
The facility was split into a A$1.6 billion 364 day standby facility, a A$2.4 billion three year revolver and a A$5 billion three year credit.
The funds are to help finance the previously announced restructure of the Macquarie Group under which it will be the ultimate listed parent entity of...
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