Macquarie Infrastructure Company Announces Public Offering of LLC Interests Business Wire NEW YORK -- April 29, 2013 Macquarie Infrastructure Company LLC (the “Company”)(NYSE: MIC) announced today that it is offering 3,039,300 LLC interests (“shares”) in a public offering and that Macquarie Infrastructure Management (USA) Inc., the Company’s external Manager (“MIMUSA”), is offering an additional 2,486,700 shares in the offering. In connection with the offering, MIC and MIMUSA will grant the underwriters a 30-day option to purchase up to an additional 455,895 and 373,005 shares, respectively, to cover over-allotments, if any. The offering will be made under the Company’s existing shelf registration statement filed with the Securities and Exchange Commission on April 8, 2013. The Company expects to use the net proceeds from the primary offering of 3,039,300 shares, together with cash on hand and drawings under a proposed $465.0 million debt facility of its Atlantic Aviation subsidiary, to repay in full the existing long-term debt of Atlantic Aviation. Barclays, Macquarie Capital, BofA Merrill Lynch and Wells Fargo Securities are acting as joint book-running managers for the offering. BB&T Capital Markets and Oppenheimer & Co. are acting as co-managers. This press release is neither an offer to sell nor a solicitation of an offer to buy LLC interests, nor shall there be any sale of LLC interests 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 of these securities will be made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained from Barclays, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 1-888-603-5847 or by email at email@example.com, Macquarie Capital, Attention: Prospectus Department, 125 West 55th Street, 22nd Floor, New York, NY 10019, or by telephone at 1-888-268-3937, or by email at firstname.lastname@example.org, BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attention: Prospectus Department or by email at email@example.com, Wells Fargo Securities, 375 Park Avenue, New York, NY 10152, Attention: Equity Syndicate Dept., or by telephone at 1-800-326-5897 or by email at firstname.lastname@example.org. About Macquarie Infrastructure Company Macquarie Infrastructure Company owns, operates and invests in a diversified group of infrastructure businesses providing basic services to customers in the United States. Its businesses consist of a gas processing and distribution business, Hawaii Gas, a controlling interest in a District Energy business in Chicago, and a 50% interest in a bulk liquid storage terminal business, International-Matex Tank Terminals. MIC also owns and operates an airport services business, Atlantic Aviation, and two solar power generation facilities, collectively MIC Solar. The Company is managed by a wholly-owned subsidiary of the Macquarie Group. 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. Forward-Looking Statements This release contains forward-looking statements. MIC may, in some cases, use words such as "project”, "believe”, "anticipate”, "plan”, "expect”, "estimate”, "intend”, "should”, "would”, "could”, "potentially”, or "may” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Forward-looking statements in this release are subject to a number of risks and uncertainties, some of which are beyond MIC’s control and which are described in the Company’s filings with the Securities and Exchange Commission on Forms 10-K, 10-Q and 8-K. These risks and uncertainties include, among other things, changes in general economic or business conditions; its ability to service, comply with the terms of and refinance debt, successfully integrate and manage acquired businesses, retain or replace qualified employees, manage growth, make and finance future acquisitions, and implement its strategy; its shared decision-making with co-investors over investments including the distribution of dividends; its regulatory environment establishing rate structures and monitoring quality of service, demographic trends, the political environment, the economy, tourism, construction and transportation costs, air travel, environmental costs and risks, fuel and gas costs; its ability to recover increases in costs from customers, reliance on sole or limited source suppliers, risks or conflicts of interests involving its relationship with the Macquarie Group and changes in U.S. federal tax law. MIC’s actual results, performance, prospects or opportunities could differ materially from those expressed in or implied by the forward-looking statements. Additional risks of which MIC is not currently aware could also cause its actual results to differ. In light of these risks, uncertainties and assumptions, you should not place undue reliance on any forward-looking statements. The forward-looking events discussed in this release may not occur. These forward-looking statements are made as of the date of this release. MIC undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. “Macquarie Group” refers to the Macquarie Group of companies, which comprises Macquarie Group Limited and its worldwide subsidiaries and affiliates. Macquarie Infrastructure Company LLC is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and its obligations 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 Macquarie Infrastructure Company LLC. Contact: Investor enquiries Jay A. Davis Investor Relations Macquarie Infrastructure Company (212) 231-1825 or Media enquiries Paula Chirhart Corporate Communications Macquarie Infrastructure Company (212) 231-1310
Macquarie Infrastructure Company Announces Public Offering of LLC Interests
Press spacebar to pause and continue. Press esc to stop.