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Stock impact report

BIP Investment Corporation Announces Preferred Shareholder Meeting for Early Redemption of Preferred Shares [Yahoo! Finance]

Brookfield Infrastructure Partners LP Limited Partnership Units (BIP) 
Last brookfield infrastructure partners lp limited partnership units earnings: 2/10 06:44 am Check Earnings Report
US:NYSE Investor Relations: bip.brookfield.com/en
Company Research Source: Yahoo! Finance
Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN), today announced that it will be holding a special meeting of holders of senior preferred shares, series 1 (the “Preferred Shares”) on November 27, 2024 at 10:00 a.m. (Eastern time) (the “Meeting”) in a virtual format whereby holders may attend and participate via live webcast. At the meeting, BIPIC will be seeking approval from holders of the Preferred Shares (“Preferred Shareholders”) to pass a special resolution (the “Special Resolution”) to permit the redemption of the Preferred Shares by BIPIC at any time on not less than three business days' notice for an amount in cash equal to C$26.75 per Preferred Share (the “Enhanced Redemption Price”). If the Special Resolution is approved, BIPIC intends to provide notice promptly following the Meeting of its intention to redeem all of the outstanding Preferred Shares for the Enhanced Redemption Price (the “Redemption”). BIPIC intends to declare a quarte Show less Read more
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