Brookfield Infrastructure issues C$600 million of medium term notes
On April 25, 2022, Brookfield Infrastructure issued C$600 million aggregate principal amount of medium term notes, comprised of C$400 million aggregate principal amount of Series 9 notes, due April 25, 2034, which bear interest at a rate of 5.439% per annum, payable semi-annually and C$200 million aggregate principal amount of Series 10 notes, due April 25, 2052, which bear interest at a rate of 5.789% per annum, payable semi-annually.
A subsidiary of Brookfield Infrastructure, Brookfield Infrastructure Finance ULC was the recipient of the net proceeds and has primary responsibility for the payment of principal and interest on the notes.
The notes were offered through a syndicate of agents led by RBC Capital Markets, BMO Capital Markets, CIBC Capital Markets, Scotiabank and TD Securities.
Brookfield Infrastructure will use the net proceeds from the sale of the notes to fund an active pipeline of investment opportunities and for general working capital purposes.
Further information can be found on Globe Newswire’s website.