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FINWIRES

Macquarie Group Falls on 125 Million Euros Lyntia Financing Deal

-- Shares of Macquarie Group (ASX:MQG) fell around 4% in Wednesday trading after the company said on Tuesday that its Macquarie Asset Management unit had provided 125 million euros in senior term loan financing to telecom infrastructure operator lyntia as part of a broader 1.4 billion euros funding package to support the company's expansion in the Iberian Peninsula.

Lyntia plans to use the funds to meet the increasing demand for digital infrastructure across the region.

The transaction was executed by Macquarie Asset Management's credit and insurance division, a global platform offering a wide range of solutions across private credit, liquid credit, and insurance.

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