Brookfield issues C$350 million of medium term notes

On September 18, 2015, Brookfield Asset Management Inc. (Brookfield) completed its offering of C$350 million aggregate principal amount of a reopening of its 4.82% medium term notes due 2026.

The terms of the additional notes, other than the issue date and the price to the public, were identical to the terms of the C$500 million principal amount of 4.82% medium term notes due 2026, which were issued by Brookfield on January 28, 2014. Offered through a syndicate of agents led by CIBC World Markets Inc. and RBC Dominion Securities Inc., the additional notes were issued at a price of C$105.89 plus accrued interest, with an effective yield of 4.103% if held to maturity. An aggregate of approximately C$850 million of 4.82% medium term notes due 2026 are now outstanding after giving effect to this offering.

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

Brookfield Asset Management is a global alternative asset manager with over C$200 billion in assets under management.

Further information can be found on Brookfield's website.