Dividends & Buybacks ·
Brookfield Infrastructure Partners L.P. filed its Twelfth Amendment to the Amended and Restated Limited Partnership…
BRIPFBrookfield Infrastructure Partners L.P.
Brookfield Infrastructure Partners L.P. filed its Twelfth Amendment to the Amended and Restated Limited Partnership Agreement on August 27, 2026. The amendment authorizes the creation of Cumulative Class A Preferred Limited Partnership Units, Series 19 (Series 19), consisting of 6,000,000 units with a C$25.00 consideration per unit. These units carry an initial fixed distribution rate of 5.75% per annum, resulting in quarterly distributions of C$0.359375 per unit after the initial pro-rata payment of C$0.1339 on September 30, 2026. The filing also establishes Series 20 units, which will be issued upon reclassification from Series 19 and carry a floating quarterly distribution rate based on Government of Canada Treasury Bill yields plus 2.35%. Additionally, the amendment revises income allocation rules for Canadian tax purposes and eliminates the requirement to furnish Schedule K-1s to partners. Brookfield Infrastructure Partners L.P. operates in the infrastructure sector, owning and operating essential assets such as energy, transportation, and midstream facilities globally.