Brookfield Infrastructure Completes US$340M Equity Offering

Brookfield Infrastructure Partners completed a public offering in Canada and the US of approximately US$246-million limited partnership units, which included the exercise, in full, of the underwriters' over-allotment option.

On the same day, Brookfield Asset Management completed the concurrent purchase, by way of private placement, of approximately US$94-million (including the exercise in full of its additional purchase option) of redeemable partnership units of Brookfield Infrastructure's holding limited partnership to maintain its approximate 30 per cent interest in Brookfield Infrastructure on a fully exchanged basis.

RBC Dominion Securities Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Credit Suisse Securities (Canada) Inc. and Citigroup Global Markets Canada Inc. acted as the joint book-running managers of the public offering.

Brookfield Infrastructure Partners was represented by an in-house team led by Justin Beber, Michael Ryan and James Rickert. External support was provided by Torys LLP with a team that included Karrin Powys-Lybbe, Mile Kurta, Jonathan Cescon, Chris Roehrig, Paulina Taneva and Miranda Callaghan.

The underwriters were represented in Canada by Lawrence Chernin, Bill Gorman, Michelle Vigod, Johnny Singh and David Wallace (corporate/securities) and Maureen Berry (tax) from Goodmans LLP; and in the US by Paul Denaro from Milbank, Tweed, Hadley & McCloy LLP.


Karrin A. Powys-Lybbe Paulina Taneva Bill Gorman Maureen Berry Lawrence S. Chernin Jonathan R. Cescon