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Prospect News home > News index > List of issuers Tenders > Headlines for 2024 > News item
Published on 3/19/2024 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Brookfield Infrastructure series 1 preferreds will not convert to series 2

Chicago, March 19 – Brookfield Infrastructure Partners LP said that 1,720 series 1 shares (TSX: BIKPrA) were tendered for conversion, not enough to effect a conversion into series 2 shares, according to a press release.

At least 500,00 shares had to be tendered by the March 18 deadline to effect a conversion.

Holders of series 1 shares will retain their shares.

Brookfield Infrastructure is a Toronto-based global infrastructure company.


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