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Security Profile
- Security Type
- Common Stock
- CUSIP
- 11275Q107
- Market Cap
- Large Cap
- Parent Company
- Brookfield Infrastructure Partners L.P. (BIP)
Business: Brookfield Infrastructure Corp was established by Brookfield Infrastructure as a vehicle to own and operate certain infrastructure assets on a global basis. The Company owns and operates regulated gas transmission systems in Brazil and of regulated distribution operations in the United Kingdom. The Company seeks acquisition opportunities in other sectors with similar attributes and in which it can deploy our operations-oriented approach to create value.
Notes: March 13, 2020 -- Brookfield Infrastructure Partners L.P. will have a planned special distribution, by the partnership to the holders of its non-voting limited partnership units, or units, of approximately 32.8 million class A exchangeable subordinate voting shares, of Brookfield Infrastructure Corporation. Holders of units as of March 20, 2020, the record date for the special distribution, will be entitled to receive one (1) exchangeable share for every nine (9) units held as of the record date, provided that the special distribution will be subject to any applicable withholding tax and no holder will be entitled to receive any fractional interests in the exchangeable shares. Each exchangeable share will be structured with the intention of providing an economic return equivalent to one unit (subject to adjustment to reflect certain capital events). Each exchangeable share will be exchangeable at the option of the holder for one unit (subject to adjustment to reflect certain capital events) or its cash equivalent (the form of payment to be determined at the election of our company). These new shares are expected to start trading on the NYSE when issued on 03/19/2020 and issued on 03/31/2020 under ticker BIPC
Company Contact
- CEO
- Sam Pollock
- CFO
- Hadley Peer Marshall
- Investor Relations
- Rene Lubianski · 416-956-5129 · bip.enquiries@brookfield.com