Brookfield Infrastructure Completes 30-Year Subordinated Note Offering

Core Points - Brookfield Infrastructure Partners L.P. has successfully closed a public offering of $300 million in Fixed-to-Fixed Reset Rate Subordinated Notes due March 15, 2055 [2][3] - The notes will have an initial interest rate of 6.750% until March 15, 2030, after which the rate will be reset every five years based on the five-year U.S. treasury rate plus a spread of 2.453%, with a minimum rate of 6.750% during any reset period [3] - The proceeds from the offering will be used to refinance existing debt and for general corporate purposes [3][4] Company Overview - Brookfield Infrastructure is a leading global infrastructure company that operates high-quality, long-life assets in utilities, transport, midstream, and data sectors across the Americas, Asia Pacific, and Europe [7] - The company focuses on assets that generate predictable and stable cash flows through contracted and regulated revenues [7] - Brookfield Infrastructure is part of Brookfield Asset Management, which manages over $1 trillion in assets [8]