MIRA, Aware Super in $2b debt raising for Vocus : vimarsana.

MIRA, Aware Super in $2b debt raising for Vocus


MIRA, Aware Super in $2b debt raising for Vocus
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Macquarie’s MIRA and Aware Super have kicked off a massive $2 billion debt raising to acquire Vocus Group.
The investors had Morgan Stanley, Deutsche Bank and Natixis launch the deal in US debt markets overnight, after weeks of pre-marketing to potential backers and ratings agencies. Skye Capital Advisory helped arrange the deal and was an adviser to MIRA.
Street Talk.  
Nic Walker
The deal was structured as a $1.85 billion covenant-lite term loan and a $150 million delayed draw term loan, for a combined $2 billion debt package. The borrowers were seeking the funds for seven years.

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