- Conversion ratio increased to 12.6603 shares
- Increase reflects impact of dividends paid on common shares
NEW YORK–(BUSINESS WIRE)–Macquarie Infrastructure Corporation (NYSE: MIC) announced an adjustment
to the conversion ratio applicable to its 2.875% Convertible Senior
Notes due 2019. The conversion ratio for the Notes increased to 12.6603
shares of common stock per $1,000 principal amount effective May 13,
2019. This adjustment reflects the impact of dividends paid by the
Company to holders of its common stock.
About MIC
MIC owns and operates a diversified group of businesses providing basic
services to customers in the United States. Its businesses consist of a
bulk liquid terminals business, International-Matex Tank Terminals, an
airport services business, Atlantic Aviation, and entities comprising an
energy services, production and distribution segment, MIC Hawaii. For
additional information, please visit the MIC website at www.macquarie.com/mic.
MIC is not an authorized deposit-taking institution for the purposes of
the Banking Act 1959 (Commonwealth of Australia). The obligations of MIC
do not represent deposits or other liabilities of Macquarie Bank Limited
ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide
assurance in respect of the obligations of MIC.
Contacts
Investors
Jay A. Davis
Investor Relations
MIC
+1
212-231-1825
Media
Melissa McNamara
Corporate Communications
MIC
+1
212-231-1667
