Recent Updates — BIPH

Brookfield Infrastructure Partners L.P. filed a Form 6-K containing proxy materials for a special meeting scheduled for October 14, 2026. The filing announces a proposed corporate simplification transaction involving Brookfield Infrastructure Partners L.P., Brookfield Infrastructure Corporation, and the newly formed Brookfield Infrastructure Partners Inc. Under the arrangement, holders of BIP units and BIPC exchangeable shares will receive one share of BIP Inc. Class A common stock for each security held. The transaction is expected to be tax-deferred and aims to consolidate trading onto a single listed entity on the TSX and NYSE under the symbol "BIP". Completion is conditional upon shareholder approvals, court sanction by the British Columbia Supreme Court, and regulatory clearances, with an anticipated closing in the fourth quarter of 2026. Brookfield Infrastructure Partners L.P. operates in the infrastructure sector, owning and operating essential assets such as energy, transportation, midstream, and data center networks globally.

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.