Brookfield Infrastructure Partners (NYSE: BIP) has announced its intention to redeem all outstanding Cumulative Class A Preferred Limited Partnership Units, Series 1 on June 30, 2025. The redemption will be executed at a price of C$25.00 per Series 1 Preferred Unit. Additionally, holders of Series 1 Preferred Units who are on record as of May 30, 2025, will receive a final quarterly distribution of C$0.248375 per unit. The Series 1 Preferred Units are currently listed on the Toronto Stock Exchange under the symbol BIP.PR.A.
Brookfield Infrastructure Partners (NYSE: BIP) ha annunciato la sua intenzione di riscattare tutte le Unit脿 di Partecipazione Limitata Cumulative di Classe A Preferite, Serie 1 il 30 giugno 2025. Il riscatto sar脿 effettuato al prezzo di C$25,00 per unit脿 preferita della Serie 1. Inoltre, i detentori delle unit脿 preferite della Serie 1 registrati al 30 maggio 2025 riceveranno una distribuzione trimestrale finale di C$0,248375 per unit脿. Le unit脿 preferite della Serie 1 sono attualmente quotate alla Borsa di Toronto con il simbolo BIP.PR.A.
Brookfield Infrastructure Partners (NYSE: BIP) ha anunciado su intenci贸n de redimir todas las Unidades Limitadas Preferentes Acumulativas de Clase A, Serie 1 el 30 de junio de 2025. La redenci贸n se realizar谩 a un precio de C$25.00 por unidad preferente de la Serie 1. Adem谩s, los titulares de las unidades preferentes de la Serie 1 que est茅n registrados al 30 de mayo de 2025 recibir谩n una distribuci贸n trimestral final de C$0.248375 por unidad. Las unidades preferentes de la Serie 1 est谩n actualmente listadas en la Bolsa de Toronto bajo el s铆mbolo BIP.PR.A.
Brookfield Infrastructure Partners (NYSE : BIP) a annonc茅 son intention de racheter toutes les unit茅s de partenariat limit茅 pr茅f茅rentielles cumulatives de classe A, s茅rie 1 le 30 juin 2025. Le rachat sera effectu茅 au prix de 25,00 C$ par unit茅 pr茅f茅rentielle de la s茅rie 1. De plus, les d茅tenteurs d鈥檜nit茅s pr茅f茅rentielles de la s茅rie 1 inscrits au registre au 30 mai 2025 recevront une derni猫re distribution trimestrielle de 0,248375 C$ par unit茅. Les unit茅s pr茅f茅rentielles de la s茅rie 1 sont actuellement cot茅es 脿 la Bourse de Toronto sous le symbole BIP.PR.A.
Brookfield Infrastructure Partners (NYSE: BIP) hat seine Absicht bekannt gegeben, alle ausstehenden kumulativen Klasse A Vorzugs-Limited Partnership Units, Serie 1, am 30. Juni 2025 einzul枚sen. Die Einl枚sung erfolgt zu einem Preis von 25,00 C$ pro Serie 1 Vorzugseinheit. Zus盲tzlich erhalten Inhaber der Serie 1 Vorzugseinheiten, die am 30. Mai 2025 im Register stehen, eine letzte quartalsweise Aussch眉ttung von 0,248375 C$ pro Einheit. Die Serie 1 Vorzugseinheiten sind derzeit an der Toronto Stock Exchange unter dem Symbol BIP.PR.A gelistet.
Positive
Provides clear exit opportunity for preferred shareholders at par value (C$25.00)
Final quarterly distribution ensures holders receive all entitled payments
Negative
Preferred shareholders will lose their regular income stream from quarterly distributions
BROOKFIELD, News, May 27, 2025 (GLOBE NEWSWIRE) -- 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 1 (the 鈥淪eries 1 Preferred Units鈥�) (TSX: BIP.PR.A) for cash on June 30, 2025. The redemption price for each Series 1 Preferred Unit will be C$25.00. Holders of Series 1 Preferred Units of record as of May 30, 2025 will receive the previously declared final quarterly distribution of C$0.248375 per Series 1 Preferred Unit.
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 .
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager, headquartered in New York with over $1 trillion of assets under management. For more information, go to聽.
Contact Information
Media: John Hamlin Director Communications Tel: +44 204 557 4334 贰尘补颈濒:听[email protected]
Investor Relations: Stephen Fukuda Senior Vice President Corporate Development & Investor Relations Tel: +1 (416) 956-5129 Email: [email protected]
FAQ
What is the redemption price for Brookfield Infrastructure's Series 1 Preferred Units (BIP.PR.A)?
Brookfield Infrastructure will redeem the Series 1 Preferred Units at C$25.00 per unit on June 30, 2025.
When is the final distribution date for BIP Series 1 Preferred Units?
Holders of Series 1 Preferred Units of record as of May 30, 2025 will receive a final quarterly distribution of C$0.248375 per unit.
What happens to Brookfield Infrastructure Series 1 Preferred Units after redemption?
After the redemption on June 30, 2025, all outstanding Series 1 Preferred Units will be redeemed for cash and will no longer be outstanding.
How will BIP preferred shareholders be compensated in the redemption?
Preferred shareholders will receive C$25.00 per unit in cash, plus the final quarterly distribution of C$0.248375 per unit if they are holders of record as of May 30, 2025.
An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, to receive support.
