The Filer, Brookfield Infrastructure Partners L.P., applied for exemptive relief from various continuous disclosure, certification, insider reporting, audit committee, corporate governance, and short form prospectus requirements on behalf of its indirect subsidiary, BIP Investment Corporation.
The relief was sought to accommodate the issuance of Senior Preferred Shares guaranteed by the Filer and other entities.
The Ontario Securities Commission granted the requested exemptions, subject to several conditions, including that the Filer continues to satisfy its continuous disclosure obligations under U.S. federal securities laws and provides full and unconditional guarantees for the preferred shares.