Brookfield Infrastructure Partners L.P.
Please click on the Series name to view its declared dividends.
L.P. Preferred Units | TSX Listed: | CUSIP: | Annualized Distribution Rate: | Description: | Record Date | Payment Date: | Unit Provisions |
---|---|---|---|---|---|---|---|
Series 1 | BIP.PR.A | G16252 127 | 3.974%1 | Fixed Rate, Rate Reset and may be Reclassified to Series 2 (certain restrictions apply) | Last day of Feb., May, Aug. & Nov. | Last day of Mar., June, Sept. & Dec. | |
Series 3 | BIP.PR.B | G16252 143 | 5.50%2 | Fixed Rate, Rate Reset and may be Reclassified to Series 4 (certain restrictions apply) | Last day of Feb., May, Aug. & Nov. | Last day of Mar., June, Sept. & Dec. | |
Series 9 | BIP.PR.E | G16252 200 | 6.642%3 | Fixed Rate, Rate Reset and may be Reclassified to Series 10 (certain restrictions apply) | Last Day of Feb., May, Aug. & Nov. | Last Day of Mar., June, Sept. & Dec. | |
Series 11 | BIP.PR.F | G16252 226 | 6.446%4 | Fixed Rate, Rate Reset and may be Reclassified to Series 12 (certain restrictions apply) | Last day of Feb., May, Aug., & Nov. | Last day of Mar., June, Sept. & Dec. |
Please click on the Series name to view its declared dividends.
Class A Preferred Limited Partnership Units | NYSE listed: | CUSIP: | Annualized Distribution Basis | Description: | Record Date: | Payment Date: | Prospectus Supplement: |
---|---|---|---|---|---|---|---|
Series 13 | BIP.PR.A | G16252267 | 5.125% | Fixed rate, perpetual redeemable (certain restrictions apply) | Last day of Feb., May, Aug & Nov. | The Fifteenth day of March, June, September and December | |
Series 14 | BIP.PR.B | G16252275 | 5.000% | Fixed rate, perpetual redeemable (certain restrictions apply) | Last day of Feb., May, Aug. and November | The Fifteenth day of March, June, September and December |
* All unit distribution payments are subject to declaration by The Board of Directors of the GP of Brookfield Infrastructure Partners L.P.
** Please refer to Unit Provisions for further details.
*** If such day is not a business day, the payment date shall be the following business day.
1 Commencing on June 30, 2025, the distribution rate will be reset every five years at a rate equal to the 5-year Government of Canada bond plus 3.56%. On this date, the Series 1 Preferred Units may, at the holders option, be reclassified to Series 2 Preferred Units, which will pay a floating quarterly distribution rate.
2 Commencing on December 31, 2025, the distribution rate will be reset every five years at a rate equal to the greater of: (i) the 5-year Government of Canada bond plus 4.53%, and (ii) 5.50%. On this date, the Series 3 Preferred Units may, at the holders option, be reclassified to Series 4 Preferred Units, which will pay a floating quarterly distribution rate.
3 Commencing on March 31, 2028, the distribution rate will be reset every five years at a rate equal to the greater of (i) the 5-year Government of Canada bond plus 3.00% and (ii) 5.00%. On this date, the Series 9 Preferred Units may, at the holders option, be reclassified to Series 10 Preferred Units, which will pay a floating quarterly distribution rate.
4 Commencing on December 31, 2028, the distribution rate will be reset every five years at a rate equal to the greater of (i) the 5-year Government of Canada bond plus 2.92% and (ii) 5.10%. On this date, the Series 11 Preferred Units may, at the holders option, be reclassified to Series 12 Preferred Units, which will pay a floating quarterly distribution rate.