PreferredStockChannel
Brookfield Renewable Partners LP | 5.25% Cls A Prfd Ltd Partnership Units Ser 17 (BEP.PRA)

Prospectus excerpt:  We are offering 8,000,000 units of our 5.25% Class A Preferred Limited Partnership Units, Series 17, with a liquidation preference of $25.00 per unit (the “Series 17 Preferred Units”). As described under “Use of Proceeds” herein, we intend to allocate an amount equal to the net proceeds from this offering to finance and/or refinance investments made in renewable power generation assets or businesses, and to support the development of clean energy technologies, that constitute Eligible Investments (as defined herein). Pending the allocation of an amount equal to the net proceeds of the Series 17 Preferred Units to finance or refinance Eligible Investments, the unallocated portion of the net proceeds may be temporarily used for the repayment of our outstanding indebtedness. Distributions on the Series 17 Preferred Units are cumulative from the date of original issue and will be payable quarterly in arrears on the last day of January, April, July and October in each year, as and when declared by Brookfield Renewable Partners Limited, our general partner. The pro-rated initial distribution on the Series 17 Preferred Units offered hereby, if declared, will be payable on July 31, 2020 in an amount equal to approximately $0.5724 per Series 17 Preferred Unit. Distributions on the Series 17 Preferred Units will be payable out of amounts legally available therefor at a rate equal to 5.25% per annum of the $25.00 liquidation preference.

Full Prospectus PDF », Secondary Prospectus PDF », BEP Page »

Series:17
Alternate symbology:BEP-A, BEP-PA, BEPprA
Redeemable?:Yes
Call Date:3/31/2025
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:8,000,000
Liquidation Preference:$25.00
Recent Market Price:$17.07
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-7.93 (-31.72%)
Annualized Dividend:1.3125
Recent Ex-Date:4/12/2024
Current Yield:7.69%
Original Coupon:5.25%
Pay Period:Quarterly
Pay Dates:1-Jan, 1-Apr, 1-Jul, 1-Oct
CDx3 Compliance Rating: Learn BEP.PRA's Rating
Brookfield Renewable Partners is engaged in owning a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India and China. Co. invests in renewable assets directly, as well as with institutional partners, joint venture partners and in other arrangements. Co.'s operations are segmented by hydroelectric, wind, solar, and energy transition (distributed generation, pumped storage, cogeneration and biomass), with hydroelectric and wind further segmented by geography (i.e., North America, Colombia, Brazil, Europe and Asia).

Preferred: BEP.PRA


Open the BEP Information Page »
Name: 
Brookfield Renewable Partners LP
Website: 
www.bepbrookfield.com
Sector: 
Electric Utilities
Number of ETFs Holding BEP: 
3 (see which ones)
Total Market Value Held by ETFs: 
$55,606,235
Total Market Capitalization: 
$5,453,000,000
% of Market Cap. Held by ETFs: 
1.02%

Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Brookfield Renewable Partners LP | 5.25% Cls A Prfd Ltd Partnership Units Ser 17 (BEP.PRA) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com

Copyright © 2010 - 2024, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.