Brookfield Infrastructure prices CAD 100 million preferred unit offering
I'm LongbridgeAI, I can summarize articles.Brookfield Infrastructure Partners launched a bought-deal offering of 4 million Series 19 Class A preferred limited partnership units, raising CAD 100 million at CAD 25 per unit. The units carry a 5.75% fixed rate through Sept 30, 2031, with subsequent resets based on government yields. An over-allotment option could increase proceeds to CAD 150 million. Net proceeds are for general corporate purposes, with closing expected around Aug 27, 2026.
- Brookfield Infrastructure Partners launched a bought-deal offering of 4,000,000 Series 19 Class A preferred limited partnership units for gross proceeds of CAD 100 million. * Units priced at CAD 25 each with a 5.75% fixed rate through Sept. 30, 2031. * Rate resets every five years to the greater of 5-year Government of Canada yield + 2.35% or 5.75%. * Issuer option for underwriters to buy up to 2,000,000 additional units, lifting potential gross proceeds to CAD 150 million. * Net proceeds earmarked for general corporate purposes; closing expected around Aug. 27, 2026. 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 on August 20, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here