Brookfield Infrastructure Announces $750.5 MILLION Equity Offering

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Brookfield Infrastructure Partners (BIP) Boosts Equity Offering to ~$890M

April 8, 2015 9:35 AM EDT

Brookfield Infrastructure Partners (NYSE: BIP) announced that as a result of strong investor demand for its previously announced equity offering it has agreed to increase the size of the offering to 12,000,000 L.P. units. The L.P. units will be issued at a price of $45.00 per L.P. unit (the "Offering Price"), on a bought deal basis, to a syndicate of... More

Brookfield Infrastructure Partners (BIP) Announces $750.5M Equity Placement

April 7, 2015 4:50 PM EDT

Brookfield Infrastructure Partners (NYSE: BIP) announced that it has agreed to issue 8,900,000 L.P. units, on a bought deal basis, to a syndicate of underwriters, co-led by RBC Capital Markets, Credit Suisse, HSBC and TD, at a price of $45.00 per L.P. unit (the "Offering Price") for gross proceeds of $400,500,000 (the "Offering"). In addition,... More