Opérations et transactions|10 mars 2017
Brookfield completes US$750 million note offering
Torys acted as counsel to Brookfield Asset Management with a team that included Adam Armstrong, Jonathan Cescon, Paulina Taneva and Sam Levitt (Canadian securities), Mile Kurta, Chris Bornhorst and Alice Lin (U.S. securities), David Mattingly, Richard Johnson and Leila Ross (tax).
On March 10, 2017, Brookfield Asset Management Inc. ("Brookfield") completed its previously announced US$750 million cross-border public offering of notes due 2024. The notes will have a coupon of 4.000% and will be issued at a price equal to 99.742% of their face value for an effective yield of 4.042%. The notes will be issued by a subsidiary of Brookfield, Brookfield Finance LLC, and be fully and unconditionally guaranteed by Brookfield.
The net proceeds of the offering will be used for general corporate purposes.
Brookfield Asset Management is a global alternative asset manager with approximately US$250 billion in assets under management.
Further information can be found on Marketwired's website.