Transaction|September 12, 2012
Brookfield Asset Management completes C$425 million offering of medium term notes
Torys acted as counsel to Brookfield Asset Management with a team that included Adam Armstrong, Jonathan Cescon, Paulina Taneva and Rebecca Moskowitz
On September 12, 2012, Brookfield Asset Management Inc. completed its offering of C$425 million of medium term notes with a March 2023 maturity and a yield of 4.546%. The notes are being offered through a syndicate of agents led by CIBC World Markets Inc., Scotia Capital Inc. and TD Securities Inc.
The company intends to use the net proceeds of the issue to redeem or repurchase C$350 million of 8.95% notes that mature on June 2, 2014 and for general corporate purposes.
Brookfield Asset Management, headquartered in Toronto, is a global alternative asset management company focused on property, power and infrastructure assets.
Further information can be found on Brookfield's website.
The company intends to use the net proceeds of the issue to redeem or repurchase C$350 million of 8.95% notes that mature on June 2, 2014 and for general corporate purposes.
Brookfield Asset Management, headquartered in Toronto, is a global alternative asset management company focused on property, power and infrastructure assets.
Further information can be found on Brookfield's website.