Altera Infrastructure Partners LP, 8.50% Series B Cumulative Redeemable Preferred Units

Altera Infrastructure filed Chapter 11 on 8/15/2022

Name has changed to Altera Infrastructure LP as of 3/24/2020. Ticker symbols changed at that time. Was previously Teekay Offshore. Altera is owned by Brookfield Business Partners (BBU)

Investors will receive a 1099 at tax time as Teekay Offshore Partners has chosen to be taxed as a c-corp

Dividends Suspended 7/29/2021

Ticker: ALIN-B

Parent Ticker: BBU

OTC Grey Market Temporary Ticker: NA

Issuance Date: 04/13/2015

1st Call Date: 04/20/2020

Maturity Date: None

Shares Issued: 5,000,000

Overallotment Shares: 750,000

Coupon: 8.50%

Face Value: $25.00

Cumulative: Yes

Qualified: Yes

Quarterly Dividend Amount: 0.531

Payment Months: FEB, MAY, AUG, NOV

Payment Day: 15

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): F

Moody Rating: NR

Fitch Rating: NR

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