Macquarie Group debuts US subsidiary in asset-backed market
- Tuesday, 22 February 2011
Macquarie Equipment Finance (MEF), a US-based subsidiary of Macquarie Group, priced its inaugural securitisation on February 21 with the issue of a US$341.6 million asset-backed securities (ABS) transaction in the 144A market. Because of the nature of the business, the issuer says the US market was the most suitable funding avenue for the deal.
