Brookfield infrastructure announces intention to redeem its series 7 preferred units

Brookfield, news, feb. 25, 2022 (globe newswire) -- brookfield infrastructure partners l.p. (tsx: bip.un; nyse: bip) today announced that it intends to redeem all of its outstanding cumulative class a preferred limited partnership units, series 7 (the “series 7 preferred units”) (tsx: bip.pr.d) for cash on march 31, 2022. the redemption price for each series 7 preferred unit will be c$25.00. holders of series 7 preferred units of record as of february 28, 2022 will receive the previously declared final quarterly distribution of c$0.3125 per series 7 preferred unit.
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