Company: BIPC
Filing Date: 2025-01-29
Form Type: POS AM
Source: 0001193125-25-015663
Chunk: 15

Company: Brookfield Infrastructure Corp
Filing Date: 2025-01-29
Form: POS AM
Chunk 15
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441 294-3309. The Partnership was spun-off from Brookfield Asset Management Inc (now Brookfield Corporation) and certain of its affiliates on
January 31, 2008. The LP units are listed on the NYSE under the symbol “BIP” and the TSX under the symbol “BIP.UN”.

The Partnership is a leading global infrastructure company that owns and operates high quality, long-life assets in the utilities, transport,
midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows.

The Partnership’s sole material assets are its managing general partnership interest and preferred limited partnership interest in the
Holding LP. The Partnership serves as the Holding LP’s managing general partner and has sole authority for the management and control of the Holding LP.

For additional information, please refer to the BIP Annual Report, the BIP Interim Report and the other documents filed by BIP that are
incorporated herein by reference.

Recent Developments

BIP Investment Corporation Redemption of Preferred Shares

On December 5, 2024, BIP Investment Corporation, an indirect subsidiary of the Partnership, redeemed all of its 4,000,000 outstanding
senior preferred shares, series 1 (the “Preferred Shares”) for cash. The redemption price for each Preferred Share was C$26.75.

30-YearSubordinated Note Offering

On November 29, 2024, the Partnership closed a public
offering of $300 million of Fixed-to-Fixed Reset Rate Subordinated Notes due March 15, 2055 (the “2055 Notes”). The 2055 Notes were issued by
Brookfield Infrastructure Finance ULC, an indirect wholly-owned subsidiary of the Partnership, and are guaranteed on a subordinated basis by the Partnership and certain of its other subsidiaries. The 2055 Notes bear interest at an annual rate of
6.750% until March 15, 2030 and thereafter will be reset every five years at an annual rate equal to the five-year U.S. treasury rate, plus a spread of 2.453%; provided, that the interest rate during any five-year interest period will not reset
below 6.750%. The Partnership intends to use the net proceeds of the offering to refinance existing indebtedness and for general corporate purposes.

Normal Course Issuer Bid

On
November 27, 2024, the Partnership announced that the TSX accepted a notice