Brookfield Infrastructure issues C$500 million of medium-term notes
On September 10, 2018, Brookfield Infrastructure completed its offering of C$500 million aggregate principal amount of 4.193% medium term notes, Series 6, due September 11, 2028 and payable semi-annually. A subsidiary of Brookfield Infrastructure, Brookfield Infrastructure Finance ULC will be the recipient of the net proceeds and have primary responsibility for the payment of principal and interest on the notes, which are fully and unconditionally guaranteed by Brookfield Infrastructure and certain of its key holding subsidiaries.
Brookfield Infrastructure intends to use the net proceeds from the offering to refinance indebtedness maturing in October 2018, 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 Partners is a leading global infrastructure company that owns and operates high quality, long-life assets in the utilities, transport, energy and data infrastructure sectors across North and South America, Asia Pacific and Europe.
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