Brookfield Global Listed Infrastructure Income Fund Inc.
NYSE : INF

Brookfield Global Listed Infrastructure Income Fund Inc.

May 26, 2015 09:02 ET

Brookfield Global Listed Infrastructure Income Fund Inc. Announces the Completion and Preliminary Results of Its Rights Offering

NEW YORK, NEW YORK--(Marketwired - May 26, 2015) - Brookfield Global Listed Infrastructure Income Fund Inc. (NYSE:INF) (the "Fund") announces the completion and preliminary results of its transferable rights offering (the "Offer") which raised approximately $60 million of gross proceeds. The record date of the Offer was April 21, 2015 ("Record Date"), and the Offer expired on May 22, 2015 (the "Expiration Date"). Shareholders of record received one right for each outstanding share of common stock ("Common Share") owned as of 5:00 p.m. Eastern time on the Record Date. The rights entitled holders to purchase one new Common Share of the Fund for every three rights held (1-for-3), except that record date common shareholders who were issued fewer than three rights were entitled to subscribe for one common share of the Fund. The subscription price was $17.20 per Common Share and was determined based upon a formula equal to 78% of the Fund's net asset value at the close of trading on the Expiration Date. The Offer was oversubscribed. Common Shares will be issued promptly after completion of shareholder payments expected on or about Friday, May 29, 2015.

About the Fund: Brookfield Global Listed Infrastructure Income Fund Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, and was organized as a corporation under the laws of the State of Maryland on June 8, 2011. The Fund's investment objective is to provide a high level of total return, with an emphasis on income. Under normal market conditions, as a principal strategy, at least 80% of the Fund's managed assets, as defined in the Fund's prospectus, are invested in publicly traded equity securities of infrastructure companies listed on a domestic or foreign exchange, throughout the world, including the United States. The Fund defines an infrastructure company as any company that derives at least 50% of its revenue or profits from the ownership or operation of infrastructure assets. The Fund defines infrastructure assets as the physical structures, networks and systems of transportation, energy, water and sewage, and communication.

About Brookfield

Brookfield Investment Management Inc. (the "Firm") is a registered investment advisor that invests in global listed real estate and infrastructure equities, corporate credit and securitized credit strategies. Headquartered in New York, NY, Brookfield Investment Management and its affiliates also maintain offices and investment teams in Chicago, Boston and Toronto and had $19 billion of assets under management as of March 31, 2015.The Firm has experience in the management of institutional portfolios, retail mutual funds and various commingled vehicles. Brookfield Investment Management was established in 1989 and conducts the public market activities of Brookfield Asset Management Inc.

Brookfield Asset Management Inc. is a global alternative asset manager with over $200 billion in assets under management as of March 31, 2015. Brookfield has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. The company offers a range of public and private investment products and services, which leverage its expertise and experience and provide it with a competitive advantage in the markets where it operates.

The Fund uses its web site as a channel of distribution of material company information. Financial and other material information regarding the Fund is routinely posted on and accessible at www.brookfieldim.com.

Investors should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. This information, including other information about the Fund, can be found on file with the Securities and Exchange Commission and should be read carefully before investing.

This communication is not an offer to sell Common Shares and is not soliciting an offer to buy Common Shares in any state where the offer or sale is not permitted.

Contact Information

  • Brookfield Global Listed Infrastructure Income Fund Inc.
    250 Vesey Street
    New York, NY 10281-1023
    (855)777-8001
    funds@brookfield.com