Principal finance

Beyond traditional financing

As the principal financing and investing arm of Macquarie, we provide flexible primary financing solutions and engage in secondary market investing across the capital structure.

Our strengths

Client focus

We provide customised capital solutions and financing certainty for our clients across all industry sectors.

Record of success

We have executed over $US28 billion of new lending and secondary investing commitments across more than 400 borrowers globally since 2009.

Global team

We have more than 80 dedicated professionals globally with offices in Sydney, London, New York and Chicago.

Diverse experience

Our team members have a wide variety of backgrounds – including private equity, hedge funds, investment banking, leveraged finance and management consulting.

Our expertise

We possess significant experience across a variety of industry groups and transaction structures. The diverse background of our team members ensures that we maintain broad expertise, creating customised solutions that benefit our clients.

Industries

real estate
infrastructure
services
telecommunications, media, entertainment and technology
consumer and retail
leisure
financial services
healthcare.

Transaction types

syndicated/performing senior debt
customised senior debt including stretched senior and unitranche
junior and holdco debt
customised structures (eg combined senior, mezzanine, preferred or common equity investments)
balance sheet restructurings and exit financings
acquisition financing or dividends
structured equity.

Latest news

London, 19 Dec 2017

Macquarie divests UK solar PV platform

New York, 05 Dec 2017

Macquarie bolsters US presence with San Francisco based Principal Finance team

London, 19 May 2017

Macquarie Lending supports Westminster office acquisition content

NEC case study

Macquarie structured and led the financing to support LDC’s acquisition of the NEC Group, delivering a facility tailored to the Company’s needs.

The brief

Macquarie was approached by LDC to facilitate a debt financing for its £307 million acquisition of the NEC Group from Birmingham City Council. The NEC Group is comprised of the UK’s leading live exhibition, arena and conference venues, hosting more than 700 events attracting 4 million visitors a year to many of the UK’s largest exhibitions as well as significant political and trade conferences, some of the biggest music and comedy acts and various top class sporting events.

The challenge

LDC required a financing provider who could work flexibly alongside them to provide the Company with a bespoke financing structure reflecting the individual needs of its unique business today while supporting its future growth and development. The provider needed to offer certainty, so saving LDC from having to deal with a broad syndicate of lenders, within the process timeline.

The outcome

In January 2015, Macquarie acting as Lead Arranger of the debt financing, originated and structured the financing as a bespoke unitranche loan with a 6½ year maturity. Macquarie also sourced suitable co-lenders with similar outlooks on the NEC group as a landmark asset in the UK. Macquarie intends to retain a significant holding until maturity.

The Macquarie difference

Martin Draper, Chief Executive Officer at LDC commented, “Macquarie has played a key role in coordinating as lead participant of our financing arrangements and has been instrumental in completing this deal. They worked alongside us in a very flexible way, taking the time to understand the business, develop a bespoke financing structure and source appropriate co-lenders. We are looking forward to working with them going forward.”

Why choose Macquarie

Financial strength

Our clients benefit from the strength of Macquarie’s balance sheet, our continuous profit record and our global presence.

Transaction speed

Our structure and approval process allows us to complete transactions significantly faster than traditional lenders.

Depth

We have extensive experience in financing and investing across the capital structure in performing credit, distressed debt and private and public equity.

Transaction certainty

Investment decisions are made solely within the firm and are not reliant on syndication markets or other third parties.

Stable long-term investor

We are a buy-to-hold investor. We support owners and management teams throughout the life of our investment.

Network of expertise

You have full access to Maquarie’s global capabilities, ranging from advisory services to derivative transactions.

Flexibility

We develop financial structures tailored to the specific needs of the transaction - well beyond the scope of traditional lenders.

Welcome to Macquarie

Important note