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0 0.00112007168458791 0.00112007168458791 0.000672043010752714 0.000804211469534006 0.00336021505376341 0.00336021505376341 0.00336021505376341
Stock impact report

Brookfield Infrastructure: Double-Digit Discount And Attractive Spreads With The Preferreds [Seeking Alpha]

Brookfield Infrastructure Partners LP Class A Subordinate Voting Shares (BIPC) 
Company Research Source: Seeking Alpha
The company's two preferreds have been dipping since September, tracking the broader fixed-income market lower, and now offer a 300 basis points spread to the U.S. 10-year Treasury yield. Both preferreds issue a K-1 tax form, which is limiting, but they're trading at a more than 30% discount to their liquidation values and will benefit from Fed rate cuts. Abstract Aerial Art/DigitalVision via Getty Images Brookfield Infrastructure ( BIP BIPC ) fixed-income securities have sold off since mid-September to extend pre-existing discounts to their liquidation values and enlarge spreads to long-term U.S. Treasury rates that were already elevated. I This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of BIPH, BIPC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relati Show less Read more
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