Recent Updates — BRIPF
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.