Altera Infrastructure Partners 8.875% Series E Fixed-to-Floating Cumulative Redeemable Perpetual 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)

Coupon will be fixed at the rate of 8.875% until 2/15/2025 at which point it will float at the rate of 3 month Libor plus a spread of 6.407%

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