Brookfield Infrastructure completes $500M medium term note offering

On October 30, 2015, Brookfield Infrastructure Finance ULC, a subsidiary of Brookfield Infrastructure Partners L.P., completed a public offering of an aggregate principal amount of $500 million of medium term notes, including $375 million principal amount of Series 3 notes, due October 30, 2020, which will bear interest at a rate of 3.538 per cent per annum, payable semi-annually and $125 million principal amount of Series 4 notes, due October 30, 2018, which will bear interest at a rate of 3.034 per cent per annum, payable semi-annually.

The notes were offered through a syndicate of agents led by CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc. and TD Securities Inc. and which included BMO Nesbitt Burns Inc., HSBC Securities (Canada) Inc. and National Bank Financial Inc.

Brookfield Infrastructure Finance ULC was represented by a team from Torys LLP that included Karrin Powys-Lybbe, Jonathan Cescon, Will Hooper and Robert Fatt (corporate/securities) and Richard Johnson (tax).

The agents were represented by Goodmans LLP with a team that included Bill Gorman, Emily Ting and Ali Mirsky (corporate/securities) and Maureen Berry (tax).