Brookfield Infrastructure Announces Intention to Redeem its Series 3 Preferred Units
Brookfield Infrastructure (NYSE: BIP / TSX: BIP.UN) announced it intends to redeem all outstanding Series 3 Preferred Units (TSX: BIP.PR.B) for cash on December 31, 2025.
Rhea-AI Summary
Brookfield Infrastructure (NYSE: BIP / TSX: BIP.UN) announced it intends to redeem all outstanding Series 3 Preferred Units (TSX: BIP.PR.B) for cash on December 31, 2025. The redemption price is C$25.00 per Series 3 Preferred Unit. Holders of record as of November 28, 2025 will receive a previously declared final quarterly distribution of C$0.34375 per unit, payable on December 31, 2025.
Positive
- Redemption price set at C$25.00 per unit
- Final quarterly distribution of C$0.34375 payable Dec 31, 2025
- Record date for distribution: Nov 28, 2025
Negative
- All Series 3 Preferred Units will be redeemed on Dec 31, 2025
- Series 3 holders lose future quarterly distributions after redemption
Key Figures
- Redemption price
- C$25.00 per Series 3 Preferred Unit
- Cash redemption on December 31, 2025
- Final quarterly distribution
- C$0.34375 per Series 3 Preferred Unit
- Previously declared, payable December 31, 2025
- Record date
- November 28, 2025
- Eligibility for final Series 3 distribution
- Redemption date
- December 31, 2025
- Series 3 Preferred Units redeemed for cash
- Current price
- $35.10
- Common units price before the news
- Market cap
- $16,361,890,043
- Equity value prior to announcement
Historical Context
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Renewal of normal course issuer bids for LP units and preferreds.
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Plan to redeem all Series 3 Preferred Units for cash on set date.
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Strong Q3 results with higher FFO and net income versus prior year.
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Announcement of Q3 2025 results release and conference call details.
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Solid Q2 with higher net income, FFO and multiple acquisitions.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BROOKFIELD, News, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (TSX: BIP.UN; NYSE: BIP) today announced that it intends to redeem all of its outstanding Cumulative Class A Preferred Limited Partnership Units, Series 3 (the “Series 3 Preferred Units”) (TSX: BIP.PR.B) for cash on December 31, 2025. The redemption price for each Series 3 Preferred Unit will be C
About Brookfield Infrastructure
Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Further information is available at https://bip.brookfield.com.
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager, headquartered in New York with over
Contact Information
| Media: John Hamlin Director Communications Tel: +44 204 557 4334 Email: john.hamlin@brookfield.com | Investor Relations: Stephen Fukuda Senior Vice President Corporate Development & Investor Relations Tel: +1 (416) 956 5129 Email: stephen.fukuda@brookfield.com |
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