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

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





ALIN-E
BBU
TEOZF
01/16/2018
02/15/2025
None
4,600,000
690,000
8.875%
$25.00
Yes
Yes
0.555
FEB, MAY, AUG, NOV
7
FEB, MAY, AUG, NOV
15
NR
D
NR
NR