Q: Hello 5i,
Not so much a question as a comment: I went on the SEC website (EDGAR?)and looked up the filing for the BEP split and printed off some of the Q&A. There is a huge amount of information there and it might help if 5i could perhaps do a Blog on some of the more salient points in terms of some of the benefits, mechanics and risks. They do make the point under the "Risk" section that this subsidiary company will only be operating in two South American countries from what I can tell - Columbia and Brazil, I think.
Also, they seem to reiterate that this offering is a Special Distribution and is over and above the regular distribution and will not cost the existing unitholders anything, other than any applicable tax implications.
Lots of info to digest on this one, so any help 5i might be able to offer would probably be much appreciated by any number of members. It also appears that the completion date is as of yet undetermined but will be sometime in 2020.
Hope this is of some help.....
Cheers
Mike
Not so much a question as a comment: I went on the SEC website (EDGAR?)and looked up the filing for the BEP split and printed off some of the Q&A. There is a huge amount of information there and it might help if 5i could perhaps do a Blog on some of the more salient points in terms of some of the benefits, mechanics and risks. They do make the point under the "Risk" section that this subsidiary company will only be operating in two South American countries from what I can tell - Columbia and Brazil, I think.
Also, they seem to reiterate that this offering is a Special Distribution and is over and above the regular distribution and will not cost the existing unitholders anything, other than any applicable tax implications.
Lots of info to digest on this one, so any help 5i might be able to offer would probably be much appreciated by any number of members. It also appears that the completion date is as of yet undetermined but will be sometime in 2020.
Hope this is of some help.....
Cheers
Mike