Macquarie Group’s €125 Million Lyntia Deal Lands as Private Credit Jitters Grow
Macquarie Asset Management has provided €125 million to lyntia as part of a €1.4 billion refinancing for the Iberian telecom infrastructure operator. The funding extends lyntia’s debt maturities up to 12 years and adds a new investment facility. The deal comes as private credit fundraising slumps, with first-quarter direct-lending totals at a three-year low. Macquarie remains active in European private debt markets.