Brookfield Infrastructure Announces Intention to Redeem its Series 5 Preferred Units
September 01 2021 - 5:01PM
Brookfield Infrastructure Partners L.P. (
TSX: BIP.UN; NYSE:
BIP) today announced that it intends to redeem all of its
outstanding Cumulative Class A Preferred Limited Partnership Units,
Series 5 (the “Series 5 Preferred Units”) (TSX: BIP.PR.C) for cash
on September 30, 2021. The redemption price for each Series 5
Preferred Unit will be C$25.00. Holders of Series 5 Preferred Units
of record as of August 31, 2021 will receive the previously
declared final quarterly distribution of C$0.334375 per Series 5
Preferred Unit.
Brookfield Infrastructure is a
leading global infrastructure company that owns and operates
high-quality, long-life assets in the utilities, transport,
midstream and data sectors across North and South America, Asia
Pacific and Europe. We are focused on assets that have contracted
and regulated revenues that generate predictable and stable cash
flows. Investors can access its portfolio either through Brookfield
Infrastructure Partners L.P. (TSX: BIP.UN; NYSE: BIP), a
Bermuda-based limited partnership, or Brookfield Infrastructure
Corporation (TSX, NYSE: BIPC), a Canadian corporation. Further
information is available at www.brookfield.com/infrastructure.
Brookfield Infrastructure Partners is the
flagship listed infrastructure company of Brookfield Asset
Management, a global alternative asset manager with over US$625
billion of assets under management.Contact
information:
Media: |
Investors: |
Sebastien BouchardVice President, CommunicationsTel: (416)
943-7937Email: sebastien.bouchard@brookfield.com |
Kate WhiteManager, Investor Relations Tel: (416) 956-5183Email:
kate.white@brookfield.com |
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