Brookfield Infrastructure Partners LP BIP

Price drop?

[winafew]

This article says the share price drop is caused by:

"the drop has to do with rising interest rates that have negatively impacted the global infrastructure platform, including leading to cost overruns in a number of the projects Brookfield Infrastructure is involved in."

Is this the real reason, does anyone else have any info on the cause of the price drop?

https://ca.finance.yahoo.com/news/rrsp-2-oversold-stocks-buy-133000776.html

[Albatross]

Thanks for sharing that 

[incomedreamer11]

In the case of Brookfield, its declining unit price has pushed up the dividend yield to 7.1 per cent, as of Thursday. That is the highest yield in well over a decade, and up from a recent low of 3.1 per cent early last year. There may be additional factors weighing on the unit price besides competition with bonds. Rising interest rates have raised borrowing costs, adding to concerns about the