Macquarie Shares Rise on Leveraged Finance Efforts

Notable transactions have contributed to Macquarie Group Limited’s [ASX:MQG] share price growing by 1.15% so far today.

Macquarie Group has seen some significant growth take place this month.

Its leveraged finance business has also had positive results since its inception.

Their shares are now valued at $108.70 each.

Macquarie Group has been operating since 1969 and is located in Sydney, Australia.

The company specialises in real estate, agriculture, energy and infrastructure. Their wide range of services has resulted in their business growing on a massive level, scaling their market cap to $35.199 billion.

Notable transactions and HES agreement

Macquarie group has landed leading positions in the technology sector.

Their most valued transactions include a lead book runner on a senior secured credit facility. As well as a sole book runner on an incremental term loan for Consair Components, which helped back the shareholder dividend.

Macquarie has also entered a deal with leading terminal business, HES.

By investing in HES, Macquarie is able to create new opportunities utilising HES’ strong marketing capabilities and management potential.

Macquarie reported that Jan Vogal, CEO of Hest stated:

Today’s announcement marks an important step for HES. Over the last few years, we have implemented a focused strategy that makes optimal use of our prime real estate in Europe’s key ports and allows us to adjust flexibly to future changes and opportunities that energy transition will bring to our sector. We have also built a strong pipeline of additional growth projects for both our liquid bulk and dry bulk businesses to support our strong position in each of our core businesses.

HES managed to build a strong business supported by customer relations and great locations across Europe’s ports. Investing in this business has reassured investors that Macquarie will continue to grow.


Ryan Clarkson-Ledward,
Editor, Money Morning

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