Brookfield Global Infrastructure Securities Income Fund Raises $325M for IPO

Brookfield Global Infrastructure Securities Income Fund has raised C$325 million for its initial public offering. The stock is priced at C$10 per share for 32.5 million units and is listed under the symbol BGI.UN on the Toronto Stock Exchange. The fund, which is run by Brookfield Investment Management, focuses on securities of publicly-traded global infrastructure companies that own and operate infrastructure assets. RBC Capital Markets and CIBC led the syndicate of agents for this offering. Based in Toronto, Brookfield has offices and investment teams in New York, Chicago, Boston, London and elsewhere around the world.

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