Shearman And Sterling

News October 13, 2016

Shearman & Sterling Advises on Macquarie Infrastructure Corporation’s $350 Million Convertible Senior Notes Offering

Shearman & Sterling represented J.P. Morgan Securities LLC, Barclays Capital Inc., BBVA Securities Inc., Regions Securities LLC and Wells Fargo Securities, LLC, as joint book-running managers, and Academy Securities, Inc., Citizens Capital Markets, Inc., Credit Agricole Securities (USA) Inc., Lazard Frères & Co. LLC, Macquarie Capital (USA) Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Oppenheimer & Co. Inc., PNC Capital Markets LLC, RBC Capital Markets, LLC, SunTrust Robinson Humphrey, Inc. and U.S. Bancorp Investments, Inc., as co-managers, in connection with Macquarie Infrastructure Corporation’s registered public offering of US$350,000,000 aggregate principal amount of its 2.00% Convertible Senior Notes due 2023.

MIC 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 bulk liquid terminals business, International-Matex Tank Terminals; an airport services business, Atlantic Aviation; entities comprising an energy services, production and distribution segment, MIC Hawaii; and entities comprising a contracted power and energy segment.

The Team