Ms. Suzanne Fleming reports
BROOKFIELD ASSET MANAGEMENT ANNOUNCES PRICING OF $500 MILLION NOTES OFFERING
Brookfield Asset Management Inc. has priced its previously announced public offering of notes due 2026. Due to investor demand, the size of the offering was increased from $350-million to $500-million. The notes will have a coupon of 4.25 per cent and will be issued at a price equal to 99.036 per cent of their face value for an effective yield of 4.37 per cent. The notes will be issued by Brookfield Finance Inc., a wholly owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. The net proceeds of the offering will be used for general corporate purposes. The offering is expected to close on or about June 2, 2016.
The notes will be offered under Brookfield Finance Inc.'s existing base-shelf prospectus filed in the United States and Canada. The offering will be made only by means of a prospectus supplement relating to the offering of the notes. You may obtain these documents for free on EDGAR or on SEDAR. Alternatively, copies can be obtained from: Citigroup Global Markets Inc.
care of Broadridge Financial Solutions,
1155 Long Island Ave.,
Edgewood, N.Y., 11717,
telephone: 1-800-831-9146,
e-mail: prospectus@citi.com, or
Deutsche Bank Securities Inc., 60 Wall St., New York, N.Y., 10005-2836, telephone: 1-800-503-4611, e-mail: prospectus.CPDG@db.com.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.