Center Coast Brookfield to redeem outstanding series A preferreds

By Taylor Fox

New York, Jan. 20 – Center Coast Brookfield MLP & Energy Infrastructure Fund plans to redeem all of its 746 outstanding series A mandatory redeemable preferred shares (Cusip: 1514612#6) on Feb. 19 at the liquidation preference of $18.65 million, according to a news 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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