Altera Infrastructure Declares Distributions on Series A, B and E Preferred Units
April 22 2020 - 5:42AM
Altera Infrastructure GP LLC, the general partner of Altera
Infrastructure L.P. (Altera Infrastructure or the Partnership), has
declared the following distributions:
Units |
Distribution Period |
Amount(Per Unit) |
Record Date |
Payment Date |
Series A Preferred Units |
February 15, 2020 to May 14, 2020 |
$0.4531 |
May 8, 2020 |
May 15, 2020 |
Series B Preferred Units |
February 15, 2020 to May 14, 2020 |
$0.5313 |
May 8, 2020 |
May 15, 2020 |
Series E Preferred Units |
February 15, 2020 to May 14, 2020 |
$0.5547 |
May 8, 2020 |
May 15, 2020 |
Altera Infrastructure’s cash distributions are
reported on Form 1099 for United States tax purposes.
About Altera
Infrastructure
Altera Infrastructure is a leading global energy infrastructure
services partnership primarily focused on the ownership and
operation of critical infrastructure assets in offshore oil regions
of the North Sea, Brazil and the East Coast of Canada.
Altera Infrastructure has consolidated assets of approximately
$5.2 billion, comprised of 56 offshore assets, including floating
production, storage and offloading (FPSO) units, shuttle tankers
(including five new builds), floating storage and offtake (FSO)
units, long-distance towing and offshore installation vessels and a
unit for maintenance and safety (UMS). The majority of Altera
Infrastructure’s fleet is employed on medium-term, stable
contracts. Affiliates of global asset manager Brookfield Business
Partners L.P. (NYSE: BBU) (TSX: BBU.UN) own 100 percent of Altera
Infrastructure’s general partner.
Altera Infrastructure’s preferred units trade on the New York
Stock Exchange under the symbols “ALIN PRA”, “ALIN PRB” and “ALIN
PRE”, respectively.
For Investor Relations enquires contact: Jan Rune
Steinsland, Chief Financial Officer Tel: +47 97 05 25 33
E-mail: investor.relations@alterainfra.com |
For Media enquires contact: Axel Wiedenmann,
Director Communications Tel: +47 95 16 30 22 E-mail:
media@alterainfra.com |
Brookfield Business Part... (NYSE:BBU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Brookfield Business Part... (NYSE:BBU)
Historical Stock Chart
From Apr 2023 to Apr 2024