Brookfield Infrastructure Preferred Units Offering
Analysis based on 6 articles · First reported Aug 20, 2026 · Last updated Aug 20, 2026
The offering provides Brookfield Infrastructure with additional capital for general corporate purposes, potentially supporting its growth initiatives. The preferred units offer a fixed 5.75% yield, which may attract income-focused investors, but the impact on the broader market is limited given the relatively small size.
Brookfield Infrastructure Partners announced on August 20, 2026 that its subsidiary, Brookfield Infrastructure Partners, will issue 4,000,000 5.75% Cumulative Minimum Rate Reset Class A Preferred Limited Partnership Units, Series 19, at $25.00 per unit for gross proceeds of $100 million. The offering is on a bought deal basis to a syndicate of underwriters led by Scotiabank, Bank of Montreal — BMO Capital Markets, Canadian Imperial Bank of Commerce — CIBC Capital Markets, National Bank of Canada, Royal Bank of Canada — RBC Capital Markets, and Meritz Securities. The units are guaranteed by Brookfield Infrastructure Partners and BIPC Holdings Inc. The underwriters have an option to purchase up to an additional 2,000,000 units, which would increase the offering to $150 million. The offering is expected to close on or about August 27, 2026, and proceeds will be used for general corporate purposes. The units will be offered in Canada and are not registered in the United States.
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