Brookfield Announces Pricing of US$600 Million Green Note Offering and US$250 Million Re-Opening of 3.500% Notes Due 2051
BROOKFIELD, NEWS, July 21, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (Brookfield) (TSX: BAM.A, NYSE: BAM) today announced the pricing of a public offering of US$600 million principal amount of senior notes due 2032 (the 2032 notes), which will bear interest at a rate of 2.34% per annum, and the pricing of a US$250 million re-opening of its 3.500% notes due 2051 (the 2051 notes and together with the 2032 notes, the notes).
- BROOKFIELD, NEWS, July 21, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (Brookfield) (TSX: BAM.A, NYSE: BAM) today announced the pricing of a public offering of US$600 million principal amount of senior notes due 2032 (the 2032 notes), which will bear interest at a rate of 2.34% per annum, and the pricing of a US$250 million re-opening of its 3.500% notes due 2051 (the 2051 notes and together with the 2032 notes, the notes).
- The 2051 notes will form part of the same series as the already outstanding US$500 million principal amount of 3.500% notes due 2051 (the existing notes), which were issued on September 28, 2020.
- After giving effect to the re-opening, the aggregate principal amount of the series will be US$750 million.
- The offering is being made only by means of a prospectus supplement relating to the offering of the notes.