01:17:28 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Brookfield Asset Management Inc
Symbol BAM
Shares Issued 987,249,812
Close 2016-09-13 C$ 42.84
Market Cap C$ 42,293,781,946
Recent Sedar Documents

Brookfield Asset to issue $500M of medium-term notes

2016-09-13 16:37 ET - News Release

Ms. Suzanne Fleming reports

BROOKFIELD TO ISSUE C$500 MILLION OF MEDIUM TERM NOTES

Brookfield Asset Management Inc. has agreed to issue $500-million aggregate principal amount of medium-term notes due on March 16, 2027, with a coupon rate of 3.8 per cent, payable semi-annually.

The notes are expected to be assigned a credit rating of A (low) (stable) by DBRS, Baa2 (stable) by Moody's and A minus by Standard & Poor's.

The company intends to use the net proceeds of the offering for general corporate purposes.

The notes are being offered through a syndicate of agents led by CIBC World Markets Inc., RBC Dominion Securities Inc. and Scotia Capital Inc.

Brookfield Asset Management is a global alternative asset manager with approximately $250-billion (U.S.) in assets under management.

We seek Safe Harbor.

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