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Last $82.10 USD
Change Today -0.24 / -0.29%
Volume 528.0K
MIC On Other Exchanges
New York
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

macquarie infrastructure cor (MIC) Key Developments

Macquarie Infrastructure Company LLC(NYSE:MIC) added to Russell 1000 Index

Macquarie Infrastructure Company LLC has been added to Russell 1000 Index.

Macquarie Infrastructure Company LLC(NYSE:MIC) added to Russell 3000 Index

Macquarie Infrastructure Company LLC will be added to the Russell 3000 Index.

Macquarie Infrastructure Seeks Acquisitions

Macquarie Infrastructure Company LLC (NYSE:MIC) intends to use the net proceeds of offering, for general corporate purposes, including, but not limited to, working capital, capital expenditures, investments, the financing of possible acquisitions and the repayment or refinancing of borrowings.

Macquarie Infrastructure Corporation Announces Management Changes

Macquarie Infrastructure Corporation announced that Liam Stewart has been seconded by the Company’s manager, Macquarie Infrastructure Management (USA), to serve as chief financial officer of MIC effective June 30, 2015. The MIC board of directors has simultaneously approved the secondment and elected Stewart chief financial officer. Stewart succeeds Todd Weintraub who was employed by Macquarie and seconded to MIC in May of 2005. Weintraub was appointed chief financial officer of the Company in November of 2008. Stewart joined Macquarie and has worked with MIC since April of 2014 serving as asset director for MIC’s Atlantic Aviation business since that time. From 2009 through 2013 Stewart served as senior vice president and management partner at Global Tower Partners. Concurrent with the appointment of Stewart, Robert Choi has been elected by the MIC board of directors to serve as its principal accounting officer. Choi has served as MIC’s controller and vice president of financial reporting since November of 2008. Prior to joining Macquarie, Choi was responsible for external financial reporting at Time Warner Inc. and at Citigroup prior to that. Choi is a certified public accountant and licensed by the State of New York.

Macquarie Infrastructure Corporation Announces its International-Matex Tank Terminals Subsidiary Completes Refinancing of Approximately USD 1.7 Billion of Long-Term Debt and Revolving Credit Facilities

Macquarie Infrastructure Corporation announced that its International-Matex Tank Terminals subsidiary has completed a refinancing of approximately USD 1.7 billion of long-term debt and revolving credit facilities. Proceeds of the new debt package not used to refinance existing facilities will be available to fund growth projects at IMTT or other of MIC's businesses.


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Price/Earnings 6.1x
Price/Sales 4.1x
Price/Book 2.1x
Price/Cash Flow 5.9x
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