Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 282

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 5
Chunk 282
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 dispositions and acquisitions, construction projects, capital projects, and sales and purchases of assets and services. We have also agreed to indemnify our directors and certain of our officers and employees. The nature of substantially all of the indemnification undertakings prevents us from making a reasonable estimate of the maximum potential amount that we could be required to pay third parties, as many of the agreements do not specify a maximum amount and the amounts are dependent upon the outcome of future contingent events, the nature and likelihood of which cannot be determined at this time. Historically, we have made no significant payments under such indemnification agreements.

158 Brookfield Infrastructure

TABULAR DISCLOSURE OF CONTRACTUAL OBLIGATIONS

The table below outlines Brookfield Infrastructure’s contractual obligations as at December 31, 2024:

  US$ MILLIONS                                Less than      1-2 years      2-3 years      3-5 years                                      
                                                 1 year                                                                                   
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Accounts payable and other liabilities              $      $                      9      $                   6         208       4,343  
  Corporate borrowings                              850      —                    313                      1,274       2,134       4,571  
  Non-recourse borrowings                                                                                 10,820      24,226      47,381  
  Financial liabilities                             248      331                   98      112                         1,991       2,780  
  Lease liabilities                                 637      652                  592                      1,070       2,876       5,827  
  Interest Expense:                                                                                                                       
  Corporate borrowings (1)                          223      223                  220      352                         2,098       3,116  
  Non-recourse borrowings                                                                                  3,697       4,741      16,362  

(1) Interest expense on Corporate borrowings include undiscounted interest obligations on $300 million, $250 million and $158 million of subordinated notes maturing March 15, 2055, May 24, 2081, and May 31, 2084, with coupon rates of 6.8%, 5.0% and 7.3%, respectively.

In addition, pursuant to the Master Services Agreement, on a quarterly basis we, together with BIPC, pay a base management