BRIEF-Brookfield Renewable Partners to issue C$150 mln of preferred units

Mon May 16, 2016 1:15pm EDT
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May 16 (Reuters) - Brookfield Renewable Partners Lp

* Brookfield renewable to issue cdn$150 million of preferred units

* Brookfield renewable partners lp says intends to use net proceeds of issue of series 9 preferred units to repay indebtedness

* To issue 6 million cumulative minimum rate reset class a preferred limited partnership units, series 9 at $25/unit Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +1 646 223 8780)