Macquarie Group’s €125 Million Lyntia Deal Lands as Private Credit Jitters Grow
Macquarie Asset Management has put up 125 million euros for lyntia, contributing to a 1.4 billion euro refinancing package for the Iberian telecom infrastructure operator. The Australian player is pushing further into Europe’s digital infrastructure space with this move. According to the company, the funds are aimed at supporting lyntia’s expansion and meeting surging demand for high-capacity connectivity in Iberia. The deal comes as private credit managers face tough questions from investors on how they’re valuing assets and handling redemptions. Direct-lending fundraising slid to $10.7 billion for the first quarter, marking a three-year low, Reuters reported this week. Still, lyntia points to growing cloud and AI-fueled data traffic as a driver for more fibre and data-centre connectivity.
