BEP.PR.I Redeemed

Brookfield Renewable Partners L.P. has announced (on 2021-7-2):

that it intends to redeem all of its outstanding Class A Preferred Limited Partnership Units, Series 9 (the “Series 9 Preferred Units”) (TSX: BEP.PR.I) for cash on July 31, 2021. The redemption price for each Series 9 Preferred Unit will be C$25.00. Holders of Series 9 Preferred Units of record as of July 15, 2021 will receive the previously declared final quarterly distribution of $0.359375 per Series 9 Preferred Unit.

BEP.PR.I was a FixedReset, 5.75%+501M575, that commenced trading 2016-5-25 after being announced 2016-5-16. The issue was tracked by HIMIPref™ but was relegated to the Scraps subindex on credit concerns.

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