Brookfield Corporation Prices $500 Million Senior Notes Due 2055
BROOKFIELD, NEWS, Feb. 27, 2025 (GLOBE NEWSWIRE) — Brookfield Corporation (NYSE: BN, TSX: BN) has announced its pricing for a public offering of $500 million in senior notes due 2055. These notes will carry an interest rate of 5.813% per annum.
Details of the Notes Offering
The new notes will be issued by Brookfield Finance Inc., which is a fully owned subsidiary of Brookfield Corporation. Furthermore, Brookfield Corporation will guarantee these notes unconditionally. The funds raised from the issuance of these notes will be utilized for various corporate purposes.
The offering is scheduled to close on March 3, 2025, pending the completion of standard closing conditions.
Distribution and Documentation
The senior notes will be offered under the existing base shelf prospectus in both the United States and Canada. In the U.S., these notes will be available under an effective registration statement filed by Brookfield and Brookfield Finance Inc. with the U.S. Securities and Exchange Commission. Interested investors may access these documents for free on the SEC’s EDGAR platform or SEDAR+
For further information, investors can obtain copies directly from:
Deutsche Bank Securities Inc. 1 Columbus Circle New York, NY 10019 Attn.: Prospectus Group Telephone: 1-800-503-4611 Email: [email protected] | SMBC Nikko Securities America, Inc. 277 Park Avenue New York, NY 10172 Attn: Debt Capital Markets Telephone: 1-212-224-5135 Email: [email protected] |
About Brookfield Corporation
Brookfield Corporation is a prominent global investment firm that focuses on generating wealth for institutions and individuals worldwide. The company operates in three primary sectors: Alternative Asset Management, Wealth Solutions, and a range of Operating Businesses which include renewable energy, infrastructure, industrial services, and real estate.
With over 30 years of experience, Brookfield has consistently delivered annualized returns exceeding 15% to its shareholders. This success is supported by a well-managed balance sheet and extensive operational expertise. Brookfield’s structure is designed to leverage the strengths of its various business segments, enhancing the overall effectiveness of the organization.
Brookfield, notes, finance