Brookfield Infrastructure Partners LP BIP

Alternate Symbol(s): T.BIP.PR.A | BRIPF | BIP.PR.B | T.BIP.PR.B | T.BIP.PR.E | T.BIP.PR.F | T.BIP.UN

Brookfield Infrastructure Partners L.P. is a global infrastructure company. The Company owns and operates in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. The Company’s segments include Utilities, Transport, Midstream, Data and Corporate. The Utilities segment consists of regulated transmission (natural gas and electricity) and commercial and residential distribution (electricity, natural gas, and water connections) operations. The Transport segment comprises infrastructure assets that provide transportation, storage and handling services for merchandise goods, commodities, and passengers. The Midstream segment comprises systems that provide natural gas transmission, gathering and processing, and storage services. The Data segment comprises critical infrastructure servicing customers in the telecommunications, fiber, and data storage sectors. It is also a data center provider.

NYSE:BIP - Post by User

Brookfield Infrastructure Partners LP

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Comment by Lloyd_Blankfeinon Apr 27, 2020 2:44pm

557 Views

Post# 30958793

RE:RE:bipc to bip.un exchange

The main advantage being that it saved the hassle of trying to call to my broker.

Lloyd_Blankfein wrote: Interesting that BIPC shares are trading at a small premium to BIP.UN (about a buck, CDN$, at tjhe moment).

So I sold my BIPC and bought BIP.UN, making a small profit vs. having my broker exchange the shares one for one.

SargeX wrote: For those that are interested, here's what Brookfield said about the exchange. As menioned, I sold my 277 BIPC shares at $51.74 and will try and buy 200 BIP.UN units if it drops to $51.05 or so. Otherwise, I'll just take my profits on the BIPC as my average BIP.UN purchase price is $28.84.

Ciao
Sarge

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Thank you for bringing this matter to our attention. Brokers should be able to facilitate this exchange through the online CDS or DTC platform, as applicable. Each platform should have an event set up for such exchanges – the brokers would have to access such event and fill in the applicable information. CDS/DTC will communicate the information back to Computershare who will process the exchange and will provide the broker with BIP units. Please pass along this information to your broker. If they continue to experience difficulties, please ask them to reach out to us directly.