Macquarie Infrastructure (MIC) Prices 2.87M Share Common Stock Offering for Proceeds of ~$235M

November 4, 2016 7:46 AM EDT

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Macquarie Infrastructure Corporation (NYSE: MIC) announced the pricing of an underwritten public offering of 2,870,000 shares of common stock ("shares") of the Company at a price to the public of $81.90 per share by Macquarie Infrastructure Management (USA) Inc. (“MIMUSA”), the manager of the Company.

MIMUSA will receive all of the proceeds from this offering. No shares are being sold by the Company.

Barclays is acting as sole bookrunner for the offering. The offering was made under the Company's existing shelf registration statement filed with the Securities and Exchange Commission on April 5, 2016 and is expected to close on November 9, 2016, subject to customary closing conditions.

This press release is neither an offer to sell nor a solicitation of an offer to buy shares, nor shall there be any sale of shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the qualification under the securities laws of any such state or jurisdiction.

The offering is being made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (888) 603-5847 or by email at Barclaysprospectus@broadridge.com.



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