IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — BIPC

August 20, 2026View Source ↗

Brookfield Infrastructure announced the issuance of $100 million in Canadian dollars worth of Series 19 Preferred Limited Partnership Units on a bought-deal basis. The offering consists of 4,000,000 units priced at $25.00 per unit, with gross proceeds allocated for general corporate purposes. Underwriters include Scotiabank and BMO Capital Markets, with an option to increase the size by up to $50 million. The preferred units carry a cumulative quarterly fixed distribution rate of 5.75% annually until September 30, 2031, after which the rate resets based on Canadian government bond yields plus a spread. The transaction is expected to close around August 27, 2026. Brookfield Infrastructure operates as a global infrastructure company owning and operating assets in utilities, transport, midstream, and data sectors.