Brookfield infrastructure announces results of conversion of its series 1 senior preferred shares

Brookfield, news, march 19, 2024 (globe newswire) -- brookfield infrastructure (nyse: bip; tsx: bip.un) today announced that after having taken into account all conversion notices received by the march 18, 2024 deadline for the conversion of bip investment corporation's (“bipic”) senior preferred shares, series 1 (“series 1 shares”) (tsx: bik.pr.a) into senior preferred shares, series 2 (“series 2 shares”), bipic has determined that there will be no conversion of series 1 shares into series 2 shares, and holders of series 1 shares will retain their series 1 shares.
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