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Macquarie Infrastructure Company's Atlantic Aviation Reports Debt Upsizing

January 24, 2014

Macquarie Infrastructure Company announced that its Atlantic Aviation business intends to increase the size of its existing Term Loan B facility, subject to market and other conditions, by $100 million . According to a release, approximately $65 million of the proceeds of the offering are expected to be used to fund the previously announced acquisition of five fixed base operations from Galaxy Aviation . The remainder will be retained by Atlantic Aviation . Atlantic and Galaxy entered into an acquisition agreement on December 12, 2013 . Macquarie Infrastructure Company owns, operates and invests in a diversified group of infrastructure businesses. More Information: www.macquarie.com/mic . MIC-G ((Comments on this story may be sent to newsdesk@closeupmedia.com ))


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