NYSE:BIPC | Jotup

Brookfield Infrastructure to Host Third Quarter 2023 Results Conference Call

Retrieved on:

Monday, October 2, 2023

NEWS, Webcast, PIN, Brookfield Infrastructure Partners

BROOKFIELD, NEWS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its third quarter 2023 conference call and webcast on Wednesday, November 1, 2023 at 9:00 a.m. (ET).

Key Points:

BROOKFIELD, NEWS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its third quarter 2023 conference call and webcast on Wednesday, November 1, 2023 at 9:00 a.m. (ET).
Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at https://bip.brookfield.com .
Participants can join by conference call or webcast:
Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN.
This process will bypass the operator and avoid the queue.

Triton International and Brookfield Infrastructure Announce Receipt of All Required Regulatory Approvals for Proposed Acquisition and Election Deadline

Retrieved on:

Tuesday, September 19, 2023

Plan, Final, Tripura Merger Agreement, Proxy, Brookfield Infrastructure Partners, Bangladesh Securities and Exchange Commission, Committee, BIP, CFIUS, Acquisition, NEWS, TSX, Triton International, Foreign investment, Election, NYSE, Committee on Foreign Investment in the United States, Security (finance), Triton

Registered Triton Shareholders that hold all of their Triton Shares in electronic, book-entry form may also make their elections prior to the Election Deadline by logging on to https://triton.computersharecas.com .

Key Points:

Registered Triton Shareholders that hold all of their Triton Shares in electronic, book-entry form may also make their elections prior to the Election Deadline by logging on to https://triton.computersharecas.com .
Beneficial owners of Triton Shares who hold their Triton Shares through a bank, broker or other nominee may be subject to an earlier election deadline.
Pursuant to the Merger Agreement, Triton and Brookfield Infrastructure have the right to extend the Election Deadline, in which case they will promptly announce any such rescheduled Election Deadline.
Triton Shareholders are urged to consult their tax advisors for a full understanding of the tax consequences of exchanging Triton Shares for the Mixed Election Consideration, Cash Election Consideration and/or Stock Election Consideration.

Brookfield Infrastructure Reports Second Quarter 2023 Results

Retrieved on:

Thursday, August 3, 2023

Current quarter results benefited from the expansion of our residential decarbonization infrastructure platform in North America and Europe, following the acquisition of HomeServe in January 2023.

Key Points:

Current quarter results benefited from the expansion of our residential decarbonization infrastructure platform in North America and Europe, following the acquisition of HomeServe in January 2023.
FFO for the transport segment was $199 million for the quarter, an increase of 5% from the prior year excluding our U.S. container terminal that was divested in the second quarter of 2022.
Looking ahead, HPC is anticipated to partially contribute to results in the third quarter, while the fourth quarter is expected to provide full run-rate contribution.
Investors, analysts and other interested parties can access Brookfield Infrastructure’s Second Quarter 2023 Results, as well as Letter to Unitholders and Supplemental Information, at https://bip.brookfield.com .

Brookfield Infrastructure to Issue $700 Million of Medium-Term Notes

Retrieved on:

Tuesday, July 25, 2023

BROOKFIELD, NEWS, July 25, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that it has agreed to sell $700 million aggregate principal amount of medium-term notes (the “Notes”), comprised of $500 million aggregate principal amount of Series 13 Notes, due July 27, 2030, which will bear interest at a rate of 5.710% per annum, payable semi-annually and $200 million aggregate principal amount of Series 14 Notes, due July 27, 2053, which will bear interest at a rate of 5.950% per annum, 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. The Notes will be fully and unconditionally guaranteed by Brookfield Infrastructure and certain of its key holding subsidiaries.

Key Points:

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.
The Notes will be fully and unconditionally guaranteed by Brookfield Infrastructure and certain of its key holding subsidiaries.
Brookfield Infrastructure intends to use the net proceeds from the sale of the Notes to refinance existing indebtedness.
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with over US$825 billion of assets under management.

Brookfield Infrastructure and Ontario Teachers’ to Acquire Compass Datacenters from RedBird Capital Partners and Azrieli Group

Retrieved on:

Tuesday, June 20, 2023

DALLAS, June 20, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. and its institutional partners (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) and existing investor Ontario Teachers’ Pension Plan (“Ontario Teachers’”) today announced that they have entered into a definitive agreement with RedBird Capital Partners (“RedBird”) and the Azrieli Group (“Azrieli”) (TASE: AZRG) through which Brookfield Infrastructure and Ontario Teachers’ will acquire Compass Datacenters, LLC (“Compass”).

Key Points:

DALLAS, June 20, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. and its institutional partners (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) and existing investor Ontario Teachers’ Pension Plan (“Ontario Teachers’”) today announced that they have entered into a definitive agreement with RedBird Capital Partners (“RedBird”) and the Azrieli Group (“Azrieli”) (TASE: AZRG) through which Brookfield Infrastructure and Ontario Teachers’ will acquire Compass Datacenters, LLC (“Compass”).
“We are pleased to welcome our longstanding partner Brookfield Infrastructure as a co-controlling shareholder in Compass.
I’m excited to embark on the next chapter of Compass’ evolution in partnership with Brookfield Infrastructure and Ontario Teachers’, two leading investment firms,” said Chris Crosby, Founder and Chief Executive Officer of Compass Datacenters.
Brookfield Infrastructure engaged BMO Capital Markets and Scotiabank as joint financial advisors and Kirkland & Ellis LLP as legal counsel.

Brookfield Infrastructure Reports First Quarter 2023 Results

Retrieved on:

Wednesday, May 3, 2023

Current quarter results benefited from the expansion of our residential decarbonization infrastructure platform in North America and Europe, following the acquisition of HomeServe that closed early in the quarter.

Key Points:

Current quarter results benefited from the expansion of our residential decarbonization infrastructure platform in North America and Europe, following the acquisition of HomeServe that closed early in the quarter.
Results also benefited from a full quarter contribution of an Australian regulated utility we acquired in February 2022.
FFO for the transport segment was $192 million for the quarter, an increase of 11% excluding our North American container terminal from prior year results that was divested in the second quarter of 2022.
Investors, analysts and other interested parties can access Brookfield Infrastructure’s First Quarter 2023 Results, as well as Letter to Unitholders and Supplemental Information at https://bip.brookfield.com .

Triton International to be Acquired by Brookfield Infrastructure in a $13.3 Billion Take-Private Transaction

Retrieved on:

Wednesday, April 12, 2023

BROOKFIELD, NEWS, April 12, 2023 (GLOBE NEWSWIRE) -- Triton International Limited (NYSE: TRTN) (“Triton” or the "Company") and Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP, TSX: BIP.UN), through its subsidiary Brookfield Infrastructure Corporation (“BIPC”) and its institutional partners (collectively, “Brookfield Infrastructure”), jointly announce a definitive agreement for Triton to be acquired in a cash and stock transaction valuing the Company’s common equity at approximately $4.7 billion and reflecting a total enterprise value of approximately $13.3 billion.

Key Points:

“We believe this transaction provides an excellent outcome for all of Triton’s stakeholders,” commented Brian M. Sondey, Chief Executive Officer of Triton.
For our long-term shareholders, this transaction crystalizes a total shareholder return of approximately 700% since the 2016 merger of Triton and TAL International.
“This transaction provides Brookfield Infrastructure with a high going-in cash yield, strong downside protection, and a platform for growth in the transportation and logistics sector.
Triton is led by a proven management team and Brookfield Infrastructure looks forward to partnering with them to enhance the business under private ownership.

Brookfield Infrastructure to Host First Quarter 2023 Results Conference Call

Retrieved on:

Monday, April 3, 2023

Webcast, PIN, Brookfield Infrastructure Partners, News

BROOKFIELD, News, April 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its first quarter 2023 conference call and webcast on Wednesday, May 3, 2023 at 9:00 a.m. (ET).

Key Points:

BROOKFIELD, News, April 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its first quarter 2023 conference call and webcast on Wednesday, May 3, 2023 at 9:00 a.m. (ET).
Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at www.bip.brookfield.com .
Participants can join by conference call or webcast:
Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN.
This process will bypass the operator and avoid the queue.

Brookfield Infrastructure Announces Results of Reclassification of its Series 9 Preferred Units

Retrieved on:

Friday, March 17, 2023

BIP, TSX, Brookfield Infrastructure Partners, NYSE, Rare-earth element, Birth control, News

BROOKFIELD, News, March 17, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all election notices received by the March 16, 2023 deadline for the reclassification of its Cumulative Class A Preferred Limited Partnership Units, Series 9 (the “Series 9 Units”) (TSX: BIP.PR.E) into Cumulative Class A Preferred Limited Partnership Units, Series 10 (the “Series 10 Units”), it has determined that there will be no reclassification of Series 9 Units into Series 10 Units, and holders of Series 9 Units will retain their Series 9 Units.

Key Points:

BROOKFIELD, News, March 17, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all election notices received by the March 16, 2023 deadline for the reclassification of its Cumulative Class A Preferred Limited Partnership Units, Series 9 (the “Series 9 Units”) (TSX: BIP.PR.E) into Cumulative Class A Preferred Limited Partnership Units, Series 10 (the “Series 10 Units”), it has determined that there will be no reclassification of Series 9 Units into Series 10 Units, and holders of Series 9 Units will retain their Series 9 Units.
There were 18,000 Series 9 Units tendered for reclassification, which is less than the 1,000,000 units required to give effect to reclassifications of Series 9 Units into Series 10 Units.

Brookfield Infrastructure Announces Reset Distribution Rate on Its Series 9 Preferred Units

Retrieved on:

Thursday, March 2, 2023

NYSE, Series, Government, Toronto Stock Exchange, Brookfield Infrastructure Partners, Government of Canada, NEWS, BIP, TSX, Clothing, Security (finance)

BROOKFIELD, NEWS, March 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that it has determined the fixed distribution rate on its Cumulative Class A Preferred Limited Partnership Units, Series 9 (“Series 9 Units”) (TSX: BIP.PR.E) for the five years commencing April 1, 2023 and ending March 31, 2028.

Key Points:

BROOKFIELD, NEWS, March 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that it has determined the fixed distribution rate on its Cumulative Class A Preferred Limited Partnership Units, Series 9 (“Series 9 Units”) (TSX: BIP.PR.E) for the five years commencing April 1, 2023 and ending March 31, 2028.
Holders of Series 9 Units have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on March 16, 2023, to reclassify all or part of their Series 9 Units, on a one-for-one basis, into Cumulative Class A Preferred Limited Partnership Units, Series 10 (“Series 10 Units”), effective March 31, 2023.
Holders of Series 9 Units are not required to elect to reclassify all or any part of their Series 9 Units into Series 10 Units.
As provided in the unit conditions of the Series 9 Units, (i) if Brookfield Infrastructure determines that there would be fewer than 1,000,000 Series 9 Units outstanding after March 31, 2023, all remaining Series 9 Units will be automatically reclassified into Series 10 Units on a one-for-one basis effective March 31, 2023; or (ii) if Brookfield Infrastructure determines that there would be fewer than 1,000,000 Series 10 Units outstanding after March 31, 2023, no Series 9 Units will be reclassified into Series 10 Units.