Brookfield infrastructure renews its limited partnership unit and preferred unit normal course issuer bids and brookfield infrastructure corporation commences a normal course issuer bid for exchangeable shares

Brookfield, news, nov. 10, 2020 (globe newswire) -- brookfield infrastructure partners l.p. (“brookfield infrastructure”) (nyse: bip; tsx: bip.un) today announced that the toronto stock exchange (the “tsx”) accepted a notice filed by brookfield infrastructure of its intention to renew its normal course issuer bid for its outstanding limited partnership units (“lp units”) and its class a preferred limited partnership units (“preferred units”, together with lp units, “units”). brookfield infrastructure corporation (“bipc”) (nyse/tsx: bipc) today announced that the tsx accepted a notice filed by bipc of its intention to commence a normal course issuer bid for its outstanding class a exchangeable subordinate voting shares (“exchangeable shares”). brookfield infrastructure and bipc believe that in the event that units or exchangeable shares, respectively, trade in a price range that does not fully reflect their value, the acquisition of units or exchangeable shares, as applicable, may represent an attractive use of available funds.
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