M2 Group A$1.694 billion financing

Overview:

• M2 Group secured A$1.694 billion in financing through a syndicate of Australian and foreign lenders, which it used to refinance and for acquisitions. 
• The financing package comprised an A$685 million syndicated loan to refinance existing syndicated facilities and to fund the NZ$250 million acquisition of Call Plus Group, and an A$1.09 billion facility to finance its bid for iiNet.
• Goldman Sachs, Commonwealth Bank of Australia, and Westpac Banking Corporation were part of the syndicate of enders. 

Katrin Kostadinova - Data analyst