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Brookfield Infrastructure Corporation Announces At-the-Money Equity Issuance Program

  • Brookfield Infrastructure Corporation (BIPC) filed necessary Canadian & U.S. securities documents to activate an "at the market" equity issuance program.
  • BIPC may sell up to $400 million of class A exchangeable subordinate voting shares directly from treasury at prevailing market prices.
  • Sales may occur on the Toronto Stock Exchange, New York Stock Exchange, or other Canadian & U.S. marketplaces.
  • Each BIPC share is exchangeable for one non-voting limited partnership unit of Brookfield Infrastructure Partners L.P. or a cash equivalent.
  • Net proceeds will likely facilitate LP unit repurchases under a normal course issuer bid program & fund general corporate purposes.
  • The program is expected to be non-dilutive as the combined total of LP units & BIPC shares remains generally unchanged.
  • The program terminates upon the earlier of selling all shares, agreement termination, or February 28, 2027.
  • Distribution agents include RBC Dominion Securities Inc., Scotia Capital Inc., RBC Capital Markets LLC, & Scotia Capital (USA) Inc.
  • The offering is made under Canadian & U.S. prospectus supplements filed on November 19, 2025.