Brookfield Asset Management completes US$1 billion public offering of senior notes

Torys acted as counsel to Brookfield Asset Management with a team that included Karrin Powys-Lybbe, Jonathan Cescon, David Singh, Shaoor Ahmad, Mitchell Hayes and Tanya Handa (Canadian corporate/securities), Mile Kurta, Chris Bornhorst, Daniel Masliyah, Kirsten Hart and Maija Fiorante (U.S. corporate/securities).

On November 18, 2025, Brookfield Asset Management Ltd. (“BAM”) completed its public offering of (i) US$600 million principal amount of senior notes due 2030, bearing interest at a rate of 4.653% per annum, and (ii) US$400 million principal amount of senior notes due 2036, bearing interest at a rate of 5.298% per annum.

The notes were offered under BAM’s existing base shelf prospectus filed in the United States and Canada and pursuant to an effective registration statement on Form F-10 on file with the U.S. Securities and Exchange Commission.

Net proceeds from the sale of the notes will be used by BAM for general corporate purposes.

Further information can be found on Globe Newswire’s website.

Brookfield Asset Management is a leading global alternative asset manager, headquartered in New York, with over US$1 trillion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. BAM invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy and offers a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.