Brookfield Infrastructure Announces Intention to Redeem its Series 7 Preferred Units
February 25 2022 - 5:21PM
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 7 (the “Series 7 Preferred Units”) (TSX: BIP.PR.D) for cash
on March 31, 2022. The redemption price for each Series 7 Preferred
Unit will be C$25.00. Holders of Series 7 Preferred Units of record
as of February 28, 2022 will receive the previously declared final
quarterly distribution of C$0.3125 per Series 7 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. (NYSE: BIP; TSX:BIP.UN), a
Bermuda-based limited partnership, or Brookfield Infrastructure
Corporation (NYSE, TSX: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 approximately
US$690 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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