SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D/A

 

(Amendment No. 6)

 

Under the Securities Exchange Act of 1934

 

BROOKFIELD INFRASTRUCTURE PARTNERS L.P.

(Name of Issuer)

 

Limited Partnership Units

(Title of Class of Securities)

 

G16252 10 1

(CUSIP Number)

 

A.J. Silber

Brookfield Asset Management Inc.

Brookfield Place

181 Bay Street, Suite 300

Toronto, Ontario M5J 2T3

(416) 363-9491

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

December 2, 2016

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o.

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

 

1

Names of Reporting Persons
BROOKFIELD ASSET MANAGEMENT INC.

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 x — Joint Filing

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
ONTARIO

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0 LIMITED PARTNERSHIP UNITS

 

8

Shared Voting Power
108,651,637 LIMITED PARTNERSHIP UNITS
1

 

9

Sole Dispositive Power
0 LIMITED PARTNERSHIP UNITS

 

10

Shared Dispositive Power
108,651,637 LIMITED PARTNERSHIP UNITS
1

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
108,651,637 LIMITED PARTNERSHIP UNITS

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13

Percent of Class Represented by Amount in Row (11)
29.6% OF THE OUTSTANDING LIMITED PARTNERSHIP UNITS

 

 

14

Type of Reporting Person (See Instructions)
CO

 


1 This amount includes 73,395 limited partnership units (“Units”) of Brookfield Infrastructure Partners L.P. (the “Partnership”) owned by BIG Holdings L.P. and 176,250 Units owned by BAM Infrastructure Group L.P., each a wholly-owned subsidiary of Brookfield Asset Management Inc. (“Brookfield”).  This amount also includes 100,262,992 redeemable partnership units of Brookfield Infrastructure L.P. (“RPUs”) owned by BIP REU Holdings (2015) L.P., a wholly-owned subsidiary of Brookfield, and 8,139,000 RPUs owned by BIP REU Holdings (2016) L.P., a wholly-owned subsidiary of Brookfield.

 

All amounts reflect a 3-for-2 split of the Units and RPUs completed on September 14, 2016.

 

2



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

 

1

Names of Reporting Persons
PARTNERS VALUE INVESTMENTS LP

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 x — Joint Filing

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
ONTARIO

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
3,327,972 LIMITED PARTNERSHIP UNITS

 

8

Shared Voting Power
0 LIMITED PARTNERSHIP UNITS

 

9

Sole Dispositive Power
3,327,972 LIMITED PARTNERSHIP UNITS

 

10

Shared Dispositive Power
0 LIMITED PARTNERSHIP UNITS

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
3,327,972 LIMITED PARTNERSHIP UNITS

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13

Percent of Class Represented by Amount in Row (11)
0.9% OF THE OUTSTANDING LIMITED PARTNERSHIP UNITS

 

 

14

Type of Reporting Person (See Instructions)
PN

 

3



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

 

1

Names of Reporting Persons
PARTNERS LIMITED

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 x — Joint Filing

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
ONTARIO

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
112,017,711 LIMITED PARTNERSHIP UNITS

 

8

Shared Voting Power
111,979,609 LIMITED PARTNERSHIP UNITS

 

9

Sole Dispositive Power
38,102 LIMITED PARTNERSHIP UNITS

 

10

Shared Dispositive Power
111,979,609 LIMITED PARTNERSHIP UNITS

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
112,017,711 LIMITED PARTNERSHIP UNITS

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13

Percent of Class Represented by Amount in Row (11)
30.5% OF THE OUTSTANDING LIMITED PARTNERSHIP UNITS

 

 

14

Type of Reporting Person (See Instructions)
CO

 

4



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

Explanatory Note

 

This Amendment No. 6 (this “Amendment No. 6”) to Schedule 13D is being filed to reflect the closing on December 2, 2016 of the previously announced equity offering of the Partnership, which included a concurrent private placement (the “Private Placement”) to Brookfield of 8,139,000 RPUs of Brookfield Infrastructure L.P. (“Holding LP”), which are exchangeable for limited partnership units of the Partnership (the “Units”) under certain circumstances.  The additional RPUs were issued to a newly-formed entity, BIP REU Holdings (2016) L.P., a wholly-owned subsidiary of Brookfield.

 

All amounts in this Amendment No. 6 reflect a 3-for-2 split of the Units and RPUs completed on September 14, 2016.

 

Information reported in the original Schedule 13D remains in effect except to the extent that it is amended or superseded by information contained in this Amendment No. 6.

 

Item 2.         Identity and Background

 

Item 2 of Schedule 13D is hereby amended and supplemented as follows:

 

Schedules I, II and III hereto set forth a list of all the directors and executive officers (the “Scheduled Persons”), and their respective principal occupations, addresses, and citizenships, of each of Brookfield, PVI Management Inc., as general partner of Partners Value Investments LP (“Value Investments”), and Partners Limited (“Partners”), respectively.

 

Item 3.         Source and Amount of Funds or Other Consideration

 

Item 3 of Schedule 13D is hereby supplemented as follows:

 

In connection with the Private Placement, Brookfield and the Partnership entered into a subscription agreement, dated as of November 29, 2016 (the “Subscription Agreement”), which provided for the purchase by Brookfield of 8,139,000 RPUs, deliverable at closing on or about December 2, 2016.

 

Item 4.         Purpose of Transaction

 

Item 4 of Schedule 13D is hereby supplemented as follows:

 

The Subscription Agreement provided for the purchase by Brookfield of 8,139,000 RPUs for the purpose of increasing its investment in the Partnership.

 

Item 5.         Interest in Securities of the Issuer

 

Items 5(a)–(b) of Schedule 13D are hereby amended as follows:

 

(a)-(b)                  As of the date hereof, Value Investments may be deemed to be the beneficial owner of 3,327,972 Units, and such Units constitute approximately 0.9% of the issued and outstanding Units based on the number of Units outstanding as of September 30, 2016. Assuming that all of the redeemable partnership units of Holding LP were exchanged for Units pursuant to the redemption-exchange mechanism, as of the date hereof, Brookfield may be deemed to be the beneficial owner of 108,651,637 Units and Partners may be deemed to be the beneficial owner of 112,017,711 Units, and such Units would constitute approximately 29.6% and 30.5%, respectively, of the issued and outstanding Units based on the number of Units outstanding as of September 30, 2016. The Units deemed to be beneficially owned by Partners include 38,102 Units owned by Partners and the Units deemed to be beneficially owned by each of Brookfield and Value Investments. Brookfield may hold the Units directly or in one or more wholly-owned subsidiaries. Partners may be deemed to have shared power (with each of Brookfield and Value Investments) to vote or direct the vote of the Units beneficially owned by it or to dispose of such Units other than 38,102 Units with respect to which it has sole voting and investment power.

 

5



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

Item 7.         Material to be Filed as Exhibits.

 

Exhibit 5                                               Subscription Agreement dated November 29, 2016 by and between Brookfield Asset Management Inc. and Brookfield Infrastructure L.P.

 

6



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

SIGNATURES

 

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, each of the undersigned certifies as to itself that the information set forth in this statement is true, complete and correct.

 

Dated:           December 2, 2016

 

 

BROOKFIELD ASSET MANAGEMENT INC.

 

 

 

 

 

By:

/s/ A.J. Silber

 

 

Name:

A.J. Silber

 

 

Title

Vice President, Legal Affairs

 

 

 

 

 

PARTNERS VALUE INVESTMENTS LP, by its general partner, PVI MANAGEMENT INC.

 

 

 

 

 

By:

/s/ Vu Nguyen

 

 

Name:

Vu Nguyen

 

 

Title

Chief Financial Officer

 

 

 

 

 

PARTNERS LIMITED

 

 

 

 

 

By:

/s/ Brian Lawson

 

 

Name:

Brian Lawson

 

 

Title

President

 

7



 

SCHEDULE I

 

BROOKFIELD ASSET MANAGEMENT INC.

 

Name and Position of
Officer or Director

 

Principal Business
Address

 

Principal Occupation or
Employment

 

Citizenship

M. Elyse Allan, Director

 

2300 Meadowvale Blvd.
Mississauga, Ontario L5N 5P9, Canada

 

President and Chief Executive Officer of General Electric Canada Company Inc.

 

Canada

 

 

 

 

 

 

 

Jeffrey M. Blidner, Director and Senior Managing Partner

 

181 Bay Street, Suite 300, Brookfield Place
Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner of Brookfield

 

Canada

 

 

 

 

 

 

 

Angela F. Braly, Director

 

832 Alverna Drive, Indianapolis, Indiana 46260

 

President & Founder, The Braly Group, LLC

 

U.S.A.

 

 

 

 

 

 

 

Richard (Ric) Clark

 

250 Vesey Street, 15th Floor
New York, New York 10281

 

Senior Managing Partner of Brookfield

 

U.S.A.

 

 

 

 

 

 

 

Jack L. Cockwell, Director

 

51 Yonge Street, Suite 400, Toronto, Ontario
M5E 1J1, Canada

 

Corporate Director

 

Canada

 

 

 

 

 

 

 

Marcel R. Coutu, Director

 

335 8th Avenue SW, Suite 1700
Calgary, Alberta T2P 1C9, Canada

 

Former President and Chief Executive Officer of Canadian Oil Sands Limited

 

Canada

 

 

 

 

 

 

 

J. Bruce Flatt, Director and Senior Managing Partner and Chief Executive Officer

 

181 Bay Street, Suite 300, Brookfield Place
Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner and Chief Executive Officer of Brookfield

 

Canada

 

 

 

 

 

 

 

Robert J. Harding, Director

 

Brookfield Global Infrastructure Advisory Board
181 Bay Street, Suite 300, Brookfield Place,
Toronto, Ontario M5J 2T3, Canada

 

Past Chairman of Brookfield

 

Canada

 

 

 

 

 

 

 

Maureen V. Kempston Darkes, Director

 

c/o 21 Burkebrook Place, Apt. 712, Toronto, Ontario M4G 0A2, Canada

 

Corporate Director of Brookfield and former President, Latin America, Africa and Middle East, General Motors Corporation

 

Canada

 

 

 

 

 

 

 

David W. Kerr, Director

 

51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada

 

Chairman, Halmont Properties Corp.

 

Canada

 

 

 

 

 

 

 

Brian W. Kingston, Senior Managing Partner

 

250 Vesey Street, 15th Floor
New York, New York 10281

 

Senior Managing Partner of Brookfield

 

Canada

 

 

 

 

 

 

 

Brian D. Lawson, Senior Managing Partner and Chief Financial Officer

 

181 Bay Street, Suite 300, Brookfield Place
Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner and Chief Financial Officer of Brookfield

 

Canada

 

 

 

 

 

 

 

Philip B. Lind, Director

 

Rogers Communications Inc.
333 Bloor Street East, 10th Floor, Toronto, Ontario M4W 1G9, Canada

 

Co-Founder, Director and Vice Chairman of Rogers Communications Inc.

 

Canada

 

 

 

 

 

 

 

Cyrus Madon, Senior Managing Partner

 

181 Bay Street, Suite 300, Brookfield Place
Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner of Brookfield

 

Canada

 

 

 

 

 

 

 

Frank J. McKenna, Director

 

TD Bank Group, P.O. Box 1, TD Centre, 66
Wellington St. West, 4th Floor, TD Tower,
Toronto, Ontario M5K 1A2, Canada

 

Chair of Brookfield and Deputy Chair of TD Bank Group

 

Canada

 

8



 

Youssef A. Nasr, Director

 

P.O. Box 16 5927, Beirut, Lebanon

 

Corporate Director of Brookfield and former Chairman and CEO of HSBC Middle East Ltd. and former President of HSBC Bank Brazil

 

Lebanon and U.S.A.

 

 

 

 

 

 

 

Lord Augustine Thomas O’Donnell, Director

 

P.O. Box 1, TD Centre, 66 Wellington St. W., 4th Floor, TD Tower
Toronto, Ontario M5K 1A2, Canada


Frontier Economics Limited
71 High Holborn
London, United Kingdom WC1V 6DA

 

Chairman, Frontier Economics Limited

 

United Kingdom

 

 

 

 

 

 

 

Samuel J.B. Pollock, Senior Managing Partner

 

181 Bay Street, Suite 300, Brookfield Place
Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner of Brookfield

 

Canada

 

 

 

 

 

 

 

Ngee Huat Seek, Director

 

168 Robinson Road
#37 – 01 Capital Tower
Singapore 068912

 

Former Chairman of the Latin American Business Group, Government of Singapore Investment Corporation

 

Singaporean

 

 

 

 

 

 

 

Sachin G. Shah

 

181 Bay Street, Suite 300, Brookfield Place
Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner of Brookfield

 

Canada

 

 

 

 

 

 

 

Diana L. Taylor, Director

 

Solera Capital L.L.C
625 Madison Avenue, 3
rd Floor
New York, New York 10022

 

Vice Chair, Solera Capital LLC

 

U.S.A.

 

 

 

 

 

 

 

George S. Taylor, Director

 

c/o R.R. #3, 4675 Line 3, St. Marys, Ontario
N4X 1C6, Canada

 

Corporate Director of Brookfield

 

Canada

 

 

 

 

 

 

 

A.J. Silber, Vice-President, Legal Affairs and Corporate Secretary

 

181 Bay Street, Suite 300, Brookfield Place
Toronto, Ontario M5J 2T3, Canada

 

Vice-President, Legal Affairs and Corporate Secretary of Brookfield

 

Canada

 

9



 

SCHEDULE II

 

PVI MANAGEMENT INC., as General Partner of

PARTNERS VALUE INVESTMENTS LP

 

Name and Position
of
Officer or Director

 

Principal Business
Address

 

Principal
Occupation or
Employment

 

Citizenship

John P. Barratt, Director

 

c/o Suite 200, #10 – 2130 Dickson Road, Mississauga, Ontario L5B 1Y6

 

Corporate Director

 

Canada

 

 

 

 

 

 

 

Edward C. Kress, Director

 

51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1

 

Corporate Director

 

Canada

 

 

 

 

 

 

 

Brian D. Lawson, Director

 

181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner and Chief Financial Officer
Brookfield

 

Canada

 

 

 

 

 

 

 

Frank N.C. Lochan, Chairman

 

228 Lakewood Drive, Oakville, Ontario L6K 1B2

 

Corporate Director

 

Canada

 

 

 

 

 

 

 

George E. Myhal, President, Chief Executive Officer and Director

 

Partners Value Investments LP, 181 Bay Street, Brookfield Place, Suite 210, Toronto, Ontario M5J 2T3, Canada

 

President and Chief Executive Officer, Partners Value Investments Inc.

 

Canada

 

 

 

 

 

 

 

Vu Nguyen, Vice-President, Finance

 

181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada

 

Manager of Brookfield

 

Canada

 

 

 

 

 

 

 

Ralph J. Zarboni, Director

 

Rossiter Ventures Corporation
7357 Woodbine Ave., Suite 412
Markham, Ontario L3R 6L3

 

Chairman and Chief Executive Officer of EM Group Inc. and EM Plastic & Electric Products Limited

 

Canada

 

 

 

 

 

 

 

Loretta Corso, Corporate Secretary

 

181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada

 

Corporate Secretarial Administrator, Brookfield

 

Canada

 

10



 

SCHEDULE III

 

PARTNERS LIMITED

 

Name and Position of
Officer or Director

 

Principal Business
Address

 

Principal Occupation or
Employment

 

Citizenship

Jack. L. Cockwell, Director and Chairman

 

51 Yonge Street, Suite 400 Toronto, Ontario
M5E 1J1, Canada

 

Corporate Director

 

Canada

 

 

 

 

 

 

 

David W. Kerr, Director

 

51 Yonge Street, Suite 400 Toronto, Ontario
M5E 1J1, Canada

 

Chairman, Halmont Properties Corp.

 

Canada

 

 

 

 

 

 

 

Brian D. Lawson, Director and President

 

Brookfield Asset Management Inc., 181 Bay Street, Brookfield Place, Suite 300, Toronto,
Ontario M5J 2T3, Canada

 

Senior Managing Partner and Chief Financial Officer of Brookfield

 

Canada

 

 

 

 

 

 

 

George E. Myhal, Director

 

Partners Value Investments LP, 181 Bay Street, Brookfield Place, Suite 210, Toronto, Ontario M5J 2T3, Canada

 

President and Chief Executive Officer, PVI Management Inc.

 

Canada

 

 

 

 

 

 

 

Timothy R. Price, Director

 

51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada

 

Chairman, Brookfield Funds

 

Canada

 

 

 

 

 

 

 

Tony E. Rubin, Treasurer

 

51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada

 

Accountant, Brookfield

 

Canada

 

 

 

 

 

 

 

Loretta Corso, Secretary

 

Brookfield Asset Management, Inc., 181 Bay Street, Brookfield Place, Suite 300, Toronto,
Ontario M5J 2T3, Canada

 

Corporate Secretarial Administrator, Brookfield

 

Canada

 

 

 

 

 

 

 

Derek E. Gorgi, Assistant Secretary

 

Brookfield Asset Management, Inc., 181 Bay Street, Brookfield Place, Suite 300, Toronto,
Ontario M5J 2T3, Canada

 

Chief Financial Officer, Multiplex

 

Canada

 

11