Brookfield Infrastructure Announces Results of Reclassification of Its Series 11 Preferred Units
December 19 2023 - 4:31PM
Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced
that after having taken into account all election notices received
by the December 18, 2023 deadline for the reclassification of its
Cumulative Class A Preferred Limited Partnership Units, Series 11
(the “Series 11 Units”) (TSX: BIP.PR.F) into Cumulative Class A
Preferred Limited Partnership Units, Series 12 (the “Series 12
Units”), it has determined that there will be no reclassification
of Series 11 Units into Series 12 Units, and holders of Series 11
Units will retain their Series 11 Units.
There were 34,510 Series 11 Units tendered for
reclassification, which is less than the 1,000,000 units required
to give effect to reclassifications of Series 11 Units into Series
12 Units.
About Brookfield
Infrastructure
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 the Americas, 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
https://bip.brookfield.com.
Brookfield Infrastructure is the flagship listed
infrastructure company of Brookfield Asset Management, a global
alternative asset manager with over US$850 billion of assets under
management. For more information, go to https://brookfield.com.
Contact Information
Media: |
Investor Relations: |
Simon MaineManaging DirectorCorporate CommunicationsTel: +44 739
890 9278Email: simon.maine@brookfield.com |
Stephen FukudaVice PresidentCorporate Development & Investor
RelationsTel: +1 (416)
956-5129Email: stephen.fukuda@brookfield.com |
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