diff --git a/src/pluggy/_callers.py b/src/pluggy/_callers.py
index 7a16f3bd..d2189add 100644
--- a/src/pluggy/_callers.py
+++ b/src/pluggy/_callers.py
@@ -15,46 +15,47 @@ def _multicall(hook_name, hook_impls, caller_kwargs, firstresult):
     __tracebackhide__ = True
     results = []
     excinfo = None
-    try:  # run impl and wrapper setup functions in a loop
-        teardowns = []
-        try:
-            for hook_impl in reversed(hook_impls):
-                try:
-                    args = [caller_kwargs[argname] for argname in hook_impl.argnames]
-                except KeyError:
-                    for argname in hook_impl.argnames:
-                        if argname not in caller_kwargs:
-                            raise HookCallError(
-                                f"hook call must provide argument {argname!r}"
-                            )
-
-                if hook_impl.hookwrapper:
-                    try:
-                        gen = hook_impl.function(*args)
-                        next(gen)  # first yield
-                        teardowns.append(gen)
-                    except StopIteration:
-                        _raise_wrapfail(gen, "did not yield")
-                else:
-                    res = hook_impl.function(*args)
-                    if res is not None:
-                        results.append(res)
-                        if firstresult:  # halt further impl calls
-                            break
-        except BaseException:
-            excinfo = sys.exc_info()
-    finally:
-        if firstresult:  # first result hooks return a single value
-            outcome = _Result(results[0] if results else None, excinfo)
-        else:
-            outcome = _Result(results, excinfo)
-
-        # run all wrapper post-yield blocks
-        for gen in reversed(teardowns):
+
+    # run impl and wrapper setup functions in a loop
+    teardowns = []
+    try:
+        for hook_impl in reversed(hook_impls):
             try:
-                gen.send(outcome)
-                _raise_wrapfail(gen, "has second yield")
-            except StopIteration:
-                pass
+                args = [caller_kwargs[argname] for argname in hook_impl.argnames]
+            except KeyError:
+                for argname in hook_impl.argnames:
+                    if argname not in caller_kwargs:
+                        raise HookCallError(
+                            "hook call must provide argument %r" % (argname,)
+                        )
+
+            if hook_impl.hookwrapper:
+                try:
+                    gen = hook_impl.function(*args)
+                    next(gen)  # first yield
+                    teardowns.append(gen)
+                except StopIteration:
+                    _raise_wrapfail(gen, "did not yield")
+            else:
+                res = hook_impl.function(*args)
+                if res is not None:
+                    results.append(res)
+                    if firstresult:  # halt further impl calls
+                        break
+    except BaseException:
+        excinfo = sys.exc_info()
+
+    if firstresult:  # first result hooks return a single value
+        outcome = _Result(results[0] if results else None, excinfo)
+    else:
+        outcome = _Result(results, excinfo)
+
+    # run all wrapper post-yield blocks
+    for gen in reversed(teardowns):
+        try:
+            gen.send(outcome)
+            _raise_wrapfail(gen, "has second yield")
+        except StopIteration:
+            pass
 
-        return outcome.get_result()
+    return outcome.get_result()