BIP.PR.C To Be Redeemed

Brookfield Infrastructure Partners L.P. has announced (on 2021-9-1):

that it intends to redeem all of its outstanding Cumulative Class A Preferred Limited Partnership Units, Series 5 (the “Series 5 Preferred Units”) (TSX: BIP.PR.C) for cash on September 30, 2021. The redemption price for each Series 5 Preferred Unit will be C$25.00. Holders of Series 5 Preferred Units of record as of August 31, 2021 will receive the previously declared final quarterly distribution of C$0.334375 per Series 5 Preferred Unit.

BIP.PR.C is a FixedReset 5.35%+464M535 issue that commenced trading 2016-8-2 after being announced 2016-7-25.

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