Brookfield Asset Management prices $750 million in senior notes with interest rate of 5.795%.
From GlobeNewswire: 2025-04-22 17:15:00
Brookfield Asset Management Ltd. announced the pricing of $750 million in senior notes due 2035, with an interest rate of 5.795% per annum. The net proceeds will be used for general corporate purposes, and the offering is expected to close on April 24, 2025. The notes are being offered under existing shelf prospectuses in the U.S. and Canada. Investors can obtain more information from Citigroup Global Markets Inc. and Wells Fargo Securities, LLC. This news release does not constitute an offer to sell the notes. Brookfield Asset Management is a global alternative asset manager with over $1 trillion of assets under management.
The offering of senior notes by Brookfield Asset Management Ltd. is part of their strategy to invest capital for the long-term in real assets and essential service businesses. The company offers a range of alternative investment products to various investors globally, focusing on generating strong returns across economic cycles. The news release includes forward-looking statements about the offering, the use of proceeds, and the expected closing date. Investors are advised to carefully consider the risks and uncertainties associated with these statements before making any investment decisions. Brookfield Asset Management will update information as necessary but does not commit to regular updates.
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