Edition:
India

Macquarie Infrastructure Corp (MIC.N)

MIC.N on New York Stock Exchange

41.96USD
19 Oct 2018
Change (% chg)

$-0.29 (-0.69%)
Prev Close
$42.25
Open
$42.37
Day's High
$42.82
Day's Low
$41.81
Volume
177,195
Avg. Vol
243,484
52-wk High
$71.71
52-wk Low
$36.20

Latest Key Developments (Source: Significant Developments)

MIC To Sell Bayonne Energy Center For About $900 Mln In Cash And Assumed Debt
Monday, 30 Jul 2018 

July 29 (Reuters) - Macquarie Infrastructure Corp ::MIC ENTERS INTO AGREEMENT TO SELL BAYONNE ENERGY CENTER.MACQUARIE INFRASTRUCTURE - AGREED TO SELL BAYONNE ENERGY CENTER POWER GENERATION FACILITY IN BAYONNE, NEW JERSEY FOR ABOUT $900 MILLION IN CASH AND ASSUMED DEBT.TRANSACTION VALUES BEC AT APPROXIMATELY $1,400 PER KILOWATT OF GENERATING CAPACITY.  Full Article

Macquarie Announces Conversion Ratio Adjustment To Convertible Notes Due 2019
Thursday, 19 Jul 2018 

July 18 (Reuters) - Macquarie Infrastructure Corp ::MACQUARIE INFRASTRUCTURE CORPORATION ANNOUNCES CONVERSION RATIO ADJUSTMENT TO CONVERTIBLE NOTES DUE 2019.MACQUARIE INFRASTRUCTURE CORP - CONVERSION RATIO INCREASE REFLECTS IMPACT OF DIVIDENDS PAID ON COMMON SHARES.  Full Article

Macquarie Infrastructure Announces Refinancing, Upsizing Of Revolving Credit Facility
Friday, 5 Jan 2018 

Jan 4 (Reuters) - Macquarie Infrastructure Corp ::MIC ANNOUNCES REFINANCING, UPSIZING OF REVOLVING CREDIT FACILITY.‍NEW FACILITY INCLUDES AN UNCOMMITTED ACCORDION OPTION TO INCREASE DRAWINGS TO $800 MILLION​.‍UPSIZING OF ITS HOLDING COMPANY LEVEL SENIOR SECURED REVOLVING CREDIT FACILITY TO $600 MILLION​.‍REFINANCING EXTENDED OF MATURITY OF CREDIT FACILITY BY APPROXIMATELY TWO AND HALF YEARS TO JANUARY 3, 2022​.  Full Article

MIC Q3 earnings per share $0.48
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Macquarie Infrastructure Corp : :MIC reports third quarter 2017 financial results, increases quarterly cash dividend.Macquarie Infrastructure Corp - ‍MIC expects to realize annual general and administrative cost savings of between $12.0 million and $15.0 million in 2018​.Macquarie Infrastructure - ‍on Oct 30, 2017, MIC board appointed Christopher Frost as chief executive officer of company, effective January 1, 2018​.Macquarie Infrastructure Corp - ‍Frost was appointed president and chief operating officer of company effective October 26, 2017​.Macquarie Infrastructure Corp qtrly net income per share attributable to MIC $0.48.  Full Article

Macquarie Infrastructure says conversion ratio on convertible senior notes due 2023 increased to 8.9713 shares​
Friday, 13 Oct 2017 

Oct 12 (Reuters) - Macquarie Infrastructure Corp :MIC announces conversion ratio adjustment to convertible senior notes due 2023.Macquarie Infrastructure Corp - conversion ratio on convertible senior notes due 2023 increased to 8.9713 shares​.Macquarie Infrastructure Corp - ‍announced an adjustment to conversion ratio applicable to its 2.00% convertible senior notes due 2023​.Macquarie Infrastructure Corp - ‍increase in conversion ratio reflects impact of dividends paid on common shares​.  Full Article

Macquarie Infrastructure reports pricing of secondary public offering of common stock
Friday, 4 Nov 2016 

Macquarie Infrastructure Corp : Says secondary offering of 2.87 million common shares priced at $81.90per share .Macquarie Infrastructure corporation announces pricing of secondary public offering of common stock.  Full Article

UPDATE 1-Spain's Repsol invests $869 million in electricity

MADRID, June 27 Oil major Repsol said on Wednesday it had bought the electricity assets of fellow Spanish firm Viesgo for 750 million euros ($868.73 million) as part of a bid to diversify into low-emissions business.