Brookfield Infrastructure Partners LP Announces $250 Million Fixed-to-Fixed Reset Rate Subordinated Notes Offering
Brookfield Infrastructure Partners L.P. has announced the issuance of $250 million in Fixed-to-Fixed Reset Rate Subordinated Notes due September 1, 2055. These notes will carry an interest rate of 5.598% annually until September 1, 2030, after which the rate will reset every five years based on the Five Year Government of Canada Yield plus a spread of 2.713%. The offering, conducted through a syndicate of underwriters led by CIBC Capital Markets and others, is expected to close on or about May 16, 2025, subject to customary closing conditions. The prospectus supplement and base shelf prospectus related to this offering will be accessible within two business days at www.sedarplus.ca.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Infrastructure Partners LP published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9450922-en) on May 13, 2025, and is solely responsible for the information contained therein.
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