This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Brookfield Infrastructure to raise $950-million (U.S.) 2009-10-22 10:27 ET - News Release Mr. Michael Botha reports
BROOKFIELD INFRASTRUCTURE PARTNERS TO RAISE US$950 MILLION IN UNIT OFFERING
Brookfield Infrastructure Partners LP has filed a preliminary short form prospectus with the securities regulatory authorities in all provinces and territories of Canada in connection with a proposed public offering of limited partnership units (all dollar references are in U.S. dollars, unless noted otherwise). It is anticipated that the partnership will issue to the public approximately $575-million in LP units and grant the underwriters the option to purchase up to an additional 15 per cent of the base offering size. Brookfield Asset Management Inc., which currently holds securities exchangeable for approximately 40 per cent of the LP units, on a fully exchanged basis, intends to purchase $375-million of securities from Brookfield Infrastructure concurrent with the proposed public offering in order to maintain its interest. The remainder is available to Stockwatch subscribers. If you would like to give the Stockwatch system a try,
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