Brookfield Infrastructure Announces Intention to Redeem its Series 3 Preferred Units

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

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$25.00. Holders of Series 3 Preferred Units of record as of November 28, 2025 will receive the previously declared final quarterly distribution of C$0.34375 per Series 3 Preferred Unit, payable on December 31, 2025.

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 $1 trillion of assets under management. For more information, go to https://brookfield.com.

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

FAQ

What did Brookfield Infrastructure (BIP) announce about Series 3 preferred units on Nov 26, 2025?

Brookfield Infrastructure said it intends to redeem all Series 3 preferred units for C$25.00 each on Dec 31, 2025.

Who is eligible to receive the final Series 3 distribution for BIP and when?

Holders of record as of Nov 28, 2025 will receive the final quarterly distribution of C$0.34375 payable on Dec 31, 2025.

How much will Brookfield Infrastructure pay per Series 3 preferred unit at redemption?

The redemption price is C$25.00 per Series 3 preferred unit.

What happens to Series 3 preferred unit distributions after the Dec 31, 2025 redemption for BIP?

After the redemption on Dec 31, 2025, Series 3 preferred units will be redeemed and will no longer receive future quarterly distributions.

When will BIP pay the previously declared final dividend for Series 3 preferred units?

The final declared quarterly distribution of C$0.34375 will be paid on Dec 31, 2025.