Ms. Claire Holland reports

BROOKFIELD INFRASTRUCTURE TO ISSUE $400 MILLION OF MEDIUM TERM NOTES

Brookfield Infrastructure Partners LP has agreed to sell $400-million aggregate principal amount of medium-term notes, comprising $200-million aggregate principal amount of a reopening of its 4.193 per cent medium-term notes, Series 6, due Sept. 11, 2028, and $200-million aggregate principal amount of a reopening of its 3.41 per cent medium-term notes, Series 7, due Oct. 9, 2029. A subsidiary of Brookfield Infrastructure, Brookfield Infrastructure Finance ULC will be the recipient of the net proceeds and have primary responsibility for the payment of principal and interest on the additional notes. The additional notes will be fully and unconditionally guaranteed by Brookfield Infrastructure and certain of its key holding subsidiaries.

The terms of the additional Series 6 notes and additional Series 7 notes, other than the issue date and the price to the public, will be identical to the terms of the $500-million aggregate principal amount of 4.193 per cent medium-term notes, Series 6, due Sept. 11, 2028, and the $500-million aggregate principal amount of 3.41 per cent medium-term notes, Series 7, due Oct. 9, 2029, that were issued by Brookfield Infrastructure in September, 2018, and October, 2019, respectively. The additional Series 6 notes and additional Series 7 notes will be issued at a price of $100.552 and $94.244, respectively, plus accrued interest, with an effective yield of 4.113 per cent and 4.149 per cent, respectively, if held to maturity. An aggregate principal amount of $700-million of 4.193 per cent medium-term notes, Series 6, due Sept. 11, 2028, and an aggregate principal amount of $700-million of 3.41 per cent medium-term notes, Series 7, due Oct. 9, 2029, will be outstanding after giving effect to this offering.

The additional notes will be issued pursuant to a base shelf prospectus dated Nov. 23, 2018, and a related prospectus supplement and pricing supplements to be dated April 3, 2020. The issue is expected to close on or about April 7, 2020, subject to customary closing conditions. Brookfield Infrastructure intends to use the net proceeds from the sale of the additional notes to finance an active pipeline of investment opportunities and for general working capital purposes. The additional notes have been rated BBB plus by Standard & Poor's Rating Services.

The additional notes are being offered through a syndicate of agents led by RBC Dominion Securities Inc., TD Securities Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc., and including National Bank Financial Inc., HSBC Securities (Canada) Inc. and MUFG Securities (Canada) Ltd.

Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, energy and data infrastructure sectors across North America and South America, Asia-Pacific, and Europe. It is focused on assets that generate stable cash flows and require minimal maintenance capital expenditures.

We seek Safe Harbor.