Transaction|February 13, 2023
Brookfield Property completes private placement of C$500 million medium term notes
Torys acted as counsel to Brookfield Property with a team that included Karrin Powys-Lybbe, Alisse Elliott and Sebastian Gorlewski (corporate/securities).
On February 13, 2023, Brookfield Property Finance ULC, a subsidiary of Brookfield Property Partners L.P., completed a private placement of 7.125% medium term notes, due February 13, 2028 for total proceeds of C$500 million.
Brookfield Property Partners is one of the world’s premier real estate companies. It owns and operates iconic properties in the world’s major markets, with a global portfolio that includes office, retail, multifamily, logistics, hospitality, single-family rentals, manufactured housing, student housing and self-storage.