Altera Infrastructure Declares Distributions on Series A, B and E Preferred Units
July 30 2020 - 9:00AM
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 |
May 15, 2020 to August 14, 2020 |
$0.4531 |
August 10, 2020 |
August 17, 2020 |
Series B Preferred Units |
May 15, 2020 to August 14, 2020 |
$0.5313 |
August 10, 2020 |
August 17, 2020 |
Series E Preferred Units |
May 15, 2020 to August 14, 2020 |
$0.5547 |
August 10, 2020 |
August 17, 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 group 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
$4.8 billion, comprised of 54 offshore assets, including floating
production, storage and offloading (FPSO) units, shuttle tankers
(including four 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 PR A”, “ALIN PR B” and “ALIN
PR E”, 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 |
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