Friday, October 12, 2018

Conversion Ratio Adjustment To Convertible Senior Notes Due 2023 Released By Mic

MIC Announces Conversion Ratio Adjustment to Convertible Senior Notes Due 2023. The conversion ratio for the Notes increased to 9.0290 shares of common stock per $1,000 of principal amount. The increase is effective October 13, 2018. This adjustment reflects the impact of dividends paid by the Company over the prior 12 months to holders of its common stock.

Source:
businesswire.com/news/home/20181012005495/en/MIC-Announces-Conversion-Ratio-Adjustment-Convertible-Senior

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