Company: BIPC
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014377
Chunk: 169

Company: Brookfield Infrastructure Corp
Filing Date: 2025-03-24
Form: 20-F
Item: Item 7
Chunk 169
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 other hand, have backstopped portions of an investment that exceed the amount our group (or a Brookfield Account in which our group invests) intends to hold as its long-term investment, Brookfield’s and/or the other Brookfield Account’s backstop reduction will be in priority to the reduction of any other portion of the excess investment opportunity that is to be syndicated by our group (or a Brookfield Account in which our group invests) to co-investors (including other Brookfield Accounts and/or Brookfield) or any repayment of borrowings or other obligations of our group (or a Brookfield Account in which our group invests). Therefore, Brookfield’s and/or the other Brookfield Account’s backstop will be reduced using the first available syndication opportunities (or other proceeds available) and our group’s (or a Brookfield Account’s in which our group invests) portion of the backstop will only be reduced once Brookfield’s and/or the other Brookfield Account’s backstop has been fully extinguished. Using proceeds from an investment to reduce and/or extinguish Brookfield’s and/or another Brookfield Account’s backstopped portion of an excess investment opportunity could have an adverse impact on the investment and our group’s (or a Brookfield Account’s in which our group invests) investment therein, and our group’s (or a

Brookfield Infrastructure Corporation 139

Brookfield Account’s in which our group invests) investment could receive a lower return than that received by Brookfield and/or another Brookfield Account. Furthermore, to the extent our group (or a Brookfield Account in which our group invests) is unable to fully syndicate (or otherwise be repaid for) its backstop amount, our group’s (or a Brookfield Account’s in which our group invests) investment will be larger than Brookfield originally intended, and larger than it would have been had our group (or a Brookfield Account in which our group invests) syndicated its backstop amount before Brookfield and/or the other Brookfield Account.

In certain situations, our group (or a Brookfield Account in which our group invests) will close an investment transaction (in whole or in part) using funding from its loan facility (or similar credit arrangements) prior to syndicating an excess investment opportunity to co-investors, and, in order to facilitate a Brookfield and/or another Brookfield Account’s backstop arrangement, Brookfield and/or the other Brookfield Account will take nominal ownership of