Brookfield Infrastructure Partners C$500 Million Unsecured Notes Rated 'BBB+'

NEW YORK (S&P Global Ratings) Sept. 7, 2018--S&P Global Ratings today assigned its 'BBB+' rating to 's (BIP) C$500 million unsecured notes. The company intends to use issue proceeds to fund a growing backlog of committed organic-growth capital expenditures and investment opportunities, as well as for general working capital purposes and to refinance coming maturities. The company has had announced several material acquisitions thus far in 2018. Our corporate credit rating on BIP is unchanged at 'BBB+', and the outlook is stable. The company owns and operates utilities, transport, energy, and communications infrastructure assets in North and South America, Australia, and Europe. For more information on BIP, see the our research update, published June 8, 2018. RELATED CRITERIA Criteria -

...NEW YORK (S&P Global Ratings) Sept. 7, 2018--S&P Global Ratings today assigned its '###+' rating to 's (BIP) C$500 million unsecured notes. The company intends to use issue proceeds to fund a growing backlog of committed organic-growth capital expenditures and investment opportunities, as well as for general working capital purposes and to refinance coming maturities. The company has had announced several material acquisitions thus far in 2018. Our corporate credit rating on BIP is unchanged at '###+', and the outlook is stable. The company owns and operates utilities, transport, energy, and communications infrastructure assets in North and South America, Australia, and Europe. For more information on BIP, see the our research update, published June 8, 2018. RELATED CRITERIA + Criteria - Corporates - General: Reflecting Subordination Risk In Corporate Issue Ratings, March 28, 2018 + General Criteria: Methodology For Linking Long-Term And Short-Term Ratings , April 7, 2017 + Criteria - Corporates...

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