Macquarie funds £307m deal for exhibition venues

Macquarie has arranged the financing for LDC's £307m acquisition of the NEC Group from Birmingham City Council. LDC is Lloyd's regional mid-market private equity group. Maquarie originated and structured the debt as a whole loan, which is being tranched and syndicated. Macquarie introduced RBS and two others to the syndicate pre-closing and will be keeping a significant holding until maturity in six and a half years. .