Macquarie Infrastructure Company (NYSE: MIC) announced that it has regained compliance with New York Stock Exchange's quantitative continued listing standards. The Company regained compliance as a result of the consistent performance of its businesses and its fulfillment of objectives set forth in a business plan submitted to the Exchange.
"We're gratified to have regained compliance with the listed company standards in the shortest possible timeframe," said James Hooke, Chief Executive Officer of Macquarie Infrastructure Company. "Our businesses have performed well in spite of the challenging economic backdrop and investors have responded favorably to the ongoing improvement in our risk profile," he added.
MIC will be subject to follow-up by the NYSE over a 12-month period, along with normal monitoring procedures, in order to ensure that it remains in compliance with listing standards.
About Macquarie Infrastructure Company
Macquarie Infrastructure Company owns, operates and invests in a diversified group of infrastructure businesses providing basic, everyday services, to customers in the United States. Its ongoing businesses consist of three energy-related businesses including a 50% indirect interest in a bulk liquid storage terminal business (International-Matex Tank Terminals), a gas production and distribution business (The Gas Company in Hawaii) and a district energy business (Thermal Chicago) as well as an aviation-related airport services business (Atlantic Aviation). The Company is managed by a wholly-owned subsidiary of the Macquarie Group. For additional information, please visit the Macquarie Infrastructure Company website at www.macquarie.com/mic.
"Macquarie Group" refers to the Macquarie Group of companies, which comprises Macquarie Group Limited and its worldwide subsidiaries and affiliates. Macquarie Infrastructure Company LLC is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and its obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Infrastructure Company LLC. MIC-G
Contacts:
Macquarie Infrastructure Company
Jay Davis,
212-231-1825
Mob: 646-420-9033
Managing Director, Investor
Relations
jay.davis@macquarie.com
