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

Core Viewpoint - Brookfield Infrastructure Partners L.P. has announced the issuance of $700 million in medium-term notes to support general corporate purposes, including debt repayment [1][2]. Group 1: Issuance Details - The issuance consists of $375 million Series 15 Notes due January 6, 2031, with an interest rate of 3.700% per annum, and $325 million Series 16 Notes due September 24, 2035, with an interest rate of 4.526% per annum [1][2]. - The expected closing date for the issuance is around September 24, 2025, subject to customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the sale of the notes will be utilized for general corporate purposes, including the repayment of outstanding indebtedness [2]. Group 3: Underwriting and Guarantees - The notes are being offered through a syndicate of agents led by BMO Capital Markets, CIBC Capital Markets, Scotiabank, National Bank Financial Markets, RBC Capital Markets, and TD Securities [3]. - The notes will be fully and unconditionally guaranteed by Brookfield Infrastructure and certain key holding subsidiaries [1]. Group 4: Company Overview - Brookfield Infrastructure is a leading global infrastructure company that operates high-quality, long-life assets across various sectors, including utilities, transport, midstream, and data [5]. - The company focuses on assets with contracted and regulated revenues that generate predictable and stable cash flows [5].