Aug 24, 2026 – 7.25pmCleanaway Waste Management’s suitor EQT Infrastructure is getting its ducks in a row on the multi-billion financing package required for its $9.4 billion bid, despite the ASX-listed garbo undershooting consensus forecasts at its results last week.People briefed on the matter who requested anonymity to speak freely said EQT had staffed Barclays as an underwriter on a $4 billion-plus debt package alongside its bid advisers JPMorgan and RBC Capital Markets.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
EQT soldiers on at Cleanaway Waste despite big earnings miss
People briefed on the matter who requested anonymity to speak freely said EQT had staffed Barclays as an underwriter on a $4 billion-plus debt package to fund the bid.
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