Brookfield infrastructure to issue $700 million of medium-term notes

All amounts in canadian dollars unless otherwise stated not for distribution to u.s. newswire services or for dissemination to the united states brookfield, news, july 25, 2023 (globe newswire) -- brookfield infrastructure (nyse: bip; tsx: bip.un) today announced that it has agreed to sell $700 million aggregate principal amount of medium-term notes (the “notes”), comprised of $500 million aggregate principal amount of series 13 notes, due july 27, 2030, which will bear interest at a rate of 5.710% per annum, payable semi-annually and $200 million aggregate principal amount of series 14 notes, due july 27, 2053, which will bear interest at a rate of 5.950% per annum, payable semi-annually. a subsidiary of brookfield infrastructure, brookfield infrastructure finance ulc will be the recipient of the net proceeds and have primary responsibility for the payment of principal and interest on the notes.
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