Brookfield Infrastructure Partners L.P. has announced the issuance of $250 million in Fixed-to-Fixed Reset Rate Subordinated Notes due September 1, 2055. These notes will carry an interest rate of 5.598% annually until September 1, 2030, after which the rate will reset every five years based on the Five Year Government of Canada Yield plus a spread of 2.713%. The offering, conducted through a syndicate of underwriters led by CIBC Capital Markets and others, is expected to close on or about May 16, 2025, subject to customary closing conditions. The prospectus supplement and base shelf prospectus related to this offering will be accessible within two business days at www.sedarplus.ca.
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