Brookfield Infrastructure Partners To Commence $1 Bln Equity Offering

Brookfield Infrastructure Partners To Commence $1 Bln Equity Offering

Brookfield Infrastructure Partners LP (BIP) said Monday that it has agreed to issue 16.6 million units on a bought deal basis, to a syndicate of underwriters co-led by RBC Capital Markets, TD Securities Inc., Citigroup, BofA Merrill Lynch and HSBC at a price of $42.10 per unit for gross proceeds of $700 million. Also, Brookfield Asset Management Inc. (BAM) and certain of its related entities will purchase 7.4 million redeemable […]

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