Shearman & Sterling Advises on a Bought Deal Offering by Macquarie Infrastructure Management (USA) Inc.
Shearman & Sterling represented Barclays Capital Inc. in connection with a secondary offering on a bought deal basis by Macquarie Infrastructure Management (USA) Inc. of 2,870,000 shares of common stock of Macquarie Infrastructure Corporation (MIC).
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 Shearman & Sterling team included partners Jason Lehner
(Toronto/New York-Capital Markets) and Larry Crouch
(Menlo Park-Tax); counsel Kevin Roggow
(Toronto-Capital Markets); and associate Joanna Enns (Toronto-Capital Markets).