Macquarie provides cornerstone for Tank and Rast refinancing

04 Dec 2013

Macquarie participated in the refinancing of Tank & Rast with a significant capital commitment, split between the Senior Secured Loan facilities and the Junior PIK notes. Macquarie was the largest senior lender and one of three key investors in the PIK notes. Tank & Rast is the landlord of c. 90% of Germany's motorway service stations under a long term concession.