MIC Increases Atlantic Loan Facility

Macquarie Infrastructure Company (MIC) says its Atlantic Aviation business intends to increase the size of its existing ‘Term Loan B’ facility, subject to market and other conditions, by $100m. MIC said approximately $65m of the proceeds of the offering will be used to fund the previously announced acquisition of five fixed base operations from Galaxy Aviation. The remainder will be retained by Atlantic Aviation.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.