Brookfield Infrastructure (TSE:BIPC) has released an update.
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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.
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