Macquarie Infrastructure increases conversion ratio for 2% notes

By Wendy Van Sickle

Columbus, Ohio, Jan. 11 – Macquarie Infrastructure Corp. increased the conversion ratio of its 2% convertible senior notes due 2023 to 12.6572 shares per $1,000 principal amount, according to a news release.

The change is effective Jan. 11.

The adjustment reflects dividends paid to holders of the company’s common stock.

New York-based Macquarie owns, operates and invests in a diversified group of infrastructure businesses that provide basic services.

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