Transaction|June 13, 2013
Brookfield completes C$200 million preferred share issue
Torys acted as counsel to Brookfield Asset Management with a team that included Adam Armstrong, Jonathan Cescon and Leah Frank (corporate) and Catrina Card (tax).
On June 13, 2013, Brookfield Asset Management Inc. (Brookfield) completed its previously announced 4.90% perpetual Class A Preference Shares, Series 37 issue in the amount of C$200 million. Brookfield issued 8,000,000 preferred shares at a price of C$25 per share, for total gross proceeds of C$200 million. The preferred shares commenced trading on the Toronto Stock Exchange under the ticker symbol BAM.PF.D.
Brookfield Asset Management Inc., 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.
Brookfield Asset Management Inc., 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.