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Macquarie Consummates Global Tower Partners Transaction
 Macquarie Communications Infrastructure Group (MCG) today advised that the Macquarie
consortium led by MCG and Macquarie Infrastructure Partners (MIP) has satisfied all
conditions precedent, and reached financial close, on its US$1.425bn (A$1.7bn)
investment in Global Tower Partners (GTP).
MCG has an equity interest in GTP of 28.7%, which is a leading owner and operator of
towers and sites for wireless communications services across the United States. GTP
represents 2% of MCG’s revenue and 3% of MCG’s EBITDA1.
1EBITDA is earnings before interest, tax, depreciation and amortisation. Both percentages referred to here are
proforma for the six months to 31 December 2006.
Macquarie Communications Infrastructure Management Limited (MCIML) is not an authorised deposit-taking
institution for the purposes of the Banking Act (Commonwealth of Australia) 1959, and MCIML's obligations do not
represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (“MBL”). MBL provides a
limited AUD1,750,000 guarantee to the Australian Securities and Investments Commission in respect of Corporations
Act obligations of MCIML as a responsible entity of a managed investment scheme. MBL does not otherwise
guarantee or provide assurance in respect of the obligations of MCIML, the performance of funds managed by
MCIML or the repayment of capital.
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