Brookfield Infrastructure (TSE:BIPC) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Brookfield Infrastructure has successfully closed a $300 million offering of fixed-to-fixed reset rate subordinated notes, aimed at refinancing existing debt and supporting general corporate purposes. These notes, due in 2055, offer an attractive interest rate of 6.750% until 2030, making them a potential opportunity for investors seeking stable returns. This move underscores Brookfield Infrastructure’s strategy to leverage its high-quality global assets for predictable cash flows.
For further insights into TSE:BIPC stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue