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Center Coast Brookfield intends to redeem some preferreds on March 30
By Devika Patel
Knoxville, Tenn., March 26 – Center Coast Brookfield MLP & Energy Infrastructure Fund plans to redeem 1,254 series A mandatory redeemable preferred shares on March 30 with available cash on hand, according to a press release.
The preferreds will be redeemed at the liquidation preference of $25,000, plus accumulated but unpaid dividends and distributions up to, but excluding, the redemption date, plus a 1% redemption premium.
The fund is based in New York.
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