Brookfield Infrastructure completes C$250 million preferred unit issue

On September 12, 2018, Brookfield Infrastructure completed its previously announced issuance of 10,000,000 cumulative Class A preferred limited partnership units, Series 11 (including 2,000,000 units offered pursuant to an option exercised in full by the underwriters) at a price of C$25.00 per unit, for total gross proceeds of C$250,000,000

Brookfield Infrastructure intends to use the net proceeds from the issuance to fund an active pipeline of new investment opportunities and a growing backlog of committed organic growth capital expenditure projects, and for general working capital purposes.

Brookfield Infrastructure is a leading global infrastructure company that owns and operates high quality, long-life assets in the utilities, transport, energy and communications infrastructure sectors across North and South America, Asia Pacific and Europe. They are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures.

Further information can be found on Globe Newswire's website.