Brookfield Infrastructure completes C$300 million preferred unit issue

Torys acted as counsel to Brookfield Infrastructure with a team that included Karrin Powys-Lybbe, Jonathan Cescon, Laura Sigurdson and Michael Murphy (corporate/securities).

On January 26, 2017, Brookfield Infrastructure completed its previously announced issue of 12,000,000 cumulative Class A preferred limited partnership units, Series 7 at a price of C$25.00 per unit, for total gross proceeds of C$300,000,000.

The offering was underwritten by a syndicate led by CIBC Capital Markets, RBC Capital Markets, Scotiabank, and TD Securities Inc.

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. We are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures.

Further information can be found on Brookfield Infrastructure's website.