Opinion
AGL Energy calls in back-up for Macquarie bid funding
AGL Energy has drafted in Deutsche Bank and Bank of America Merrill Lynch to help fund its Macquarie Generation bid, with the two banks and Citigroup likely to handle a large rights issue should AGL’s offer be successful.
Sarah Thompson, Anthony Macdonald and Gretchen FriemannAGL Energy has drafted in Deutsche Bank and Bank of America Merrill Lynch to help fund its Macquarie Generation bid, with the two banks and Citigroup likely to handle a large rights issue should AGL’s offer be successful.
AGL is one of three bidders expected to lodge a binding offer for NSW’s largest power generation company on February 5.
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