Company: BIPC
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014377
Chunk: 284

Company: Brookfield Infrastructure Corp
Filing Date: 2025-03-24
Form: 20-F
Item: Item 7
Chunk 284
---
 to Canada Holdco with an aggregate fair market value equal to the purchase price.

NTS Voting Agreement

BIHC and Brookfield Infrastructure have determined that it is desirable for BIHC to have control over certain of the entities through which our group holds its interest in NTS (the “ NTS entities”). Accordingly, BIHC has entered into a voting agreement (the “ NTS Voting Agreement”) to provide BIHC with voting rights over the NTS entities.

Brookfield Infrastructure Corporation 211

Pursuant to the NTS Voting Agreement, voting rights with respect to any of the NTS entities will be voted in accordance with the direction of BIHC with respect to certain matters, including: (i) the election of directors; (ii) any sale of all or substantially all of its assets; (iii) any merger, amalgamation, consolidation, business combination or other material corporate transaction, except in connection with any internal reorganization that does not result in a change of control; (iv) any plan or proposal for a complete or partial liquidation or dissolution, or any reorganization or any case, proceeding or action seeking relief under any existing laws or future laws relating to bankruptcy or insolvency; (v) any amendment to its governing documents; or (vi) any commitment or agreement to do any of the foregoing.

Credit Support

Canada Subco, a wholly-owned subsidiary of BIHC, has guaranteed (i) any unsecured debt securities issued by the Co-Issuers, in each case as to payment of principal, premium (if any) and interest when and as the same will become due and payable under or in respect of the trust indenture under which such securities are issued, (ii) certain of the partnership’s preferred units, as to payment of distributions when due, the payment of amounts due on redemption and the payment of amounts due on the liquidation, dissolution or winding up of the partnership, (iii) the obligations of Brookfield Infrastructure under its bilateral credit facilities, (iv) any subordinated debt securities issued by Alberta Finco or Bermuda Holdco, on a subordinated basis, as to payment of principal, premium (if any) and interest when and as the same will become due and payable under or in respect of the trust indenture under which such securities are issued, and (v) the obligations of Canada Holdco under its commercial paper program.

Subscription Agreements

BIHC has entered or will enter into subscription agreements with the partnership from time to time, pursuant to which BIHC has or will