Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 99

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 3
Chunk 99
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 the other Service Recipients.

Risks Relating to Our Partnership Structure

• Risks relating to our use of leverage and indebtedness, including compliance with any covenants that could restrict our ability to engage in certain types of activities or to make distributions to equity holders.

• Risks relating to the acquisition of distressed companies which may subject us to increased risks, including the incurrence of additional legal or other expenses.

• Risks relating to our partnership being a holding entity and our reliance on the Holding LP and, indirectly, the Holding Entities and our operating entities to provide us with the funds necessary to pay distributions and meet our financial obligations.

• Risks relating to future sales or issuances of our units, preferred units or securities exchangeable into our units (including BIPC exchangeable shares), or the perception of such sales or issuances.

• Risks relating to being deemed an “investment company” under the Investment Company Act.

• Risks relating to our partnership being an “ SEC foreign issuer” under Canadian securities regulations and a “foreign private issuer” under U. S. securities laws.

• Risks relating to our failure to maintain effective internal controls.

Risks Relating to Our Units and Preferred Units

• Risks related to our unitholders and preferred unitholders not having a right to vote on partnership matters or to take part in the management of our partnership.

• Risks related to the market price and volatility of our units and preferred units (or securities exchangeable into our units, including the BIPC exchangeable shares).

• Risks related to the issuance of additional units, preferred units or securities exchangeable into our units (including BIPC exchangeable shares).

• Risks related to foreign currency associated with Brookfield Infrastructure’s distributions to non-U. S. unitholders.

• Risks relating to the ability to enforce service of process and enforcement of judgments against us and the directors and officers of our General Partner and the Service Providers.

• Risks related to our ability to continue paying comparable or growing cash distributions to our unitholders.

14 Brookfield Infrastructure

Risks Relating to Taxation

• Risks related to Canadian and United States taxation, and the effects thereof on our business and operations.

General Risks

• Risks relating to general economic and political conditions, changes in governmental policy and legislation, and the markets in which we operate.

• Risks relating to foreign currency.

• Risks relating to access to debt or equity markets, our ability to access credit markets and changes in our credit