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One of new MIG entities may not pay distributions for 4-5 yrs

Dealbook | The riskier of the two new entities resulting from a split of Macquarie Infrastructure Group’s (MIG) toll roads may not pay any distributions to securityholders for several years, MIG has said.

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The riskier of the two new entities resulting from a split of Macquarie Infrastructure Group’s (MIG) toll roads may not pay any distributions to securityholders for several years, MIG has said.

MIG securityholders on Friday voted overwhelmingly in favour of splitting the group into two new entities based upon risk profile and management requirements.

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    Original URL: https://www.afr.com/companies/financial-services/one-of-new-mig-entities-may-not-pay-distributions-for-4-5-yrs-20100122-iw5bu