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Brookfield Infrastructure Partners LP (BIP_u.TO)

BIP_u.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Brookfield Infrastructure to issue $300 mln of medium-term notes
Thursday, 16 Feb 2017 04:30pm EST 

Brookfield Infrastructure Partners Lp : Brookfield Infrastructure to issue $300 million of medium-term notes . Brookfield Infrastructure Partners Lp - agreed to sell $300 million aggregate principal amount of medium-term notes, series 5 due February 22, 2024 . Brookfield Infrastructure Partners Lp - notes will bear interest at a rate of 3.315 pct per annum, payable semi-annually .Brookfield infrastructure - intends to use net proceeds from sale of notes to partially refinance indebtedness that will mature in Oct 2017.  Full Article

Brookfield Infrastructure posts Q4 FFO per unit $0.69
Wednesday, 1 Feb 2017 06:45am EST 

Brookfield Infrastructure Partners Lp : Brookfield Infrastructure reports 2016 year-end results . Brookfield Infrastructure Partners LP says board of directors has declared a quarterly distribution in amount of $0.435 per unit . Brookfield Infrastructure Partners LP says distribution represents an 11 pct increase compared to prior year . Qtrly FFO per unit $0.69 .Q4 FFO per share view $0.67 -- Thomson Reuters I/B/E/S.  Full Article

Reliance Communications signs agreements with Brookfield Infrastructure for sale of towers business
Wednesday, 21 Dec 2016 02:16am EST 

Reliance Communications Ltd : Tower business to be demerged into a separate company to be 100% owned and independently managed by Brookfield Infrastructure . RCom to also receive ‘B’ class non voting shares in towerco providing 49% future economic upside from the business . RCom will continue to hold 50% stake in Aircel JV and 49% upside in towers business to be monetised at appropriate time . Reliance Communications signs binding agreements with Brookfield Infrastructure and institutional partners for sale of towers business . Says RCom to receive upfront cash payment of 110 billion rupees (US$ 1.6 billion) . Says RCom and RJio to continue as major long term tenants . Says RCom to utilise cash 110 billion rupees solely to reduce debt . RCom expects significant future value creation from the B class shares .RCom to enjoy certain information and other rights, but will not be involved directly or indirectly in management and operations of new co.  Full Article

Brookfield Infrastructure announces $750 mln equity offering
Monday, 28 Nov 2016 04:33pm EST 

Brookfield Infrastructure Partners Lp : Brookfield infrastructure announces $750 million equity offering . Brookfield infrastructure partners lp- agreed to issue 15.6 million L.P. Units, on a bought deal basis at a price of $32.00 per L.P. Unit . Brookfield infrastructure-intend to use portion of proceeds,proceeds of concurrent private placement, to fund increase in investment in pending nts deal .Brookfield infrastructure says any proceeds not used for nts transaction will be used to fund a portion of growing backlog of organic growth projects.  Full Article

Brookfield Infrastructure Consortium to acquire South American Natural Gas Transmission Utility
Friday, 23 Sep 2016 06:52am EDT 

Brookfield Infrastructure Partners LP : Brookfield Infrastructure Consortium to acquire South American Natural Gas Transmission Utility . Deal for approximately US$5.2 billion . Petrobras, as a 10% owner in NTS, will have customary governance rights commensurate with size of its interest . Will fund proportionate share of up-front payment from existing liquidity which totalled about US$2 billion at June 30, 2016 . Have reached agreement to acquire a 90% controlling stake in Nova Transportadora Do Sudeste S.A. . Brookfield Infrastructure's investment will be a minimum of approximately 20% of transaction, representing about US$825 million . Brookfield Asset Management has agreed to participate initially for an approximate 30% interest in consortium .Purchase price payable in 2 tranches; up-front payment of us$4.3 billion on closing,balance payable on 5th anniversary of closing.  Full Article

Brookfield Infrastructure may issue limited partnership units in one or more offerings
Tuesday, 23 Aug 2016 04:07pm EDT 

Brookfield Infrastructure Partners LP :Files to say may issue limited partnership units in one or more offerings; size undisclosed - SEC filing.  Full Article

Brookfield Infrastructure -Announcement regarding Asciano transaction
Thursday, 28 Jul 2016 09:00am EDT 

Brookfield Infrastructure Partners Lp : Says Supreme Court of New South Wales has made orders approving proposed scheme of arrangement .Says transaction is now expected to close on August 19th, 2016.  Full Article

Brookfield Infrastructure says Court Of New South Wales approves Asciano deal
Thursday, 28 Jul 2016 09:00am EDT 

Brookfield Infrastructure Partners Lp : Announcement regarding Asciano transaction . Supreme Court Of New South Wales has made orders approving proposed scheme of arrangement .Transaction is now expected to close on August 19th, 2016.  Full Article

Natural Gas Pipeline Co of America says seeking solicitations of interest for Chicago market expansion project,gulf coast southbound expansion project
Tuesday, 10 May 2016 12:10pm EDT 

Natural Gas Pipeline Co Of America: Seeking solicitations of interest for chicago market expansion project,gulf coast southbound expansion project .NGPL is seeking customer interest in additional expansion capacity following success of phase 1 of projects.  Full Article

Brookfield Infrastructure to Issue $125 Million of Preferred Units
Tuesday, 1 Dec 2015 09:25am EST 

Brookfield Infrastructure Partners LP:Says it has agreed to issue 5,000,000 Cumulative Class A Preferred Limited Partnership Units, Series 3 on a bought deal basis to a syndicate of underwriters led by RBC Capital Markets, CIBC, Scotiabank and TD Securities Inc.Series 3 Preferred Units will be issued at a price of $25.00 per unit, for gross proceeds of $125,000,000.Holders of the Series 3 Preferred Units will be entitled to receive a cumulative quarterly fixed distribution at a rate of 5.50% annually for the initial period ending December 31, 2020.Thereafter, the distribution rate will be reset every five years at a rate equal to the greater of.5-year Government of Canada bond yield plus 4.53%, and 5.50%. The Series 3 Preferred Units are redeemable on or after December 31, 2020.Brookfield Infrastructure intends to use the net proceeds of the issue of the Series 3 Preferred Units for investment opportunities, working capital and other general corporate purposes.offering of Series 3 Preferred Units is expected to close on or about December 8, 2015.  Full Article

More From Around the Web

BRIEF-Reliance Communications says CCI approves proposed sale of tower division of Reliance Infratel

* CCI approves proposed sale of tower division of reliance infratel limited to brookfield infrastructure group