Brookfield Asset Management Announces Pricing of Inaugural Offering of Senior Notes

Core Viewpoint - Brookfield Asset Management Ltd. has announced the pricing of its inaugural public offering of senior notes, amounting to $750 million with a 5.795% interest rate, due in 2035 [1][2]. Group 1: Offering Details - The offering consists of senior notes with a principal amount of $750 million, set to mature in 2035 and bearing an interest rate of 5.795% per annum [1]. - The net proceeds from the sale of the notes will be allocated for general corporate purposes [2]. - The offering is expected to close on April 24, 2025, pending customary closing conditions [2]. Group 2: Regulatory and Documentation - The notes are being offered under BAM's existing amended and restated base shelf prospectus filed in both the United States and Canada [3]. - In the U.S., the offering is made pursuant to an effective registration statement on Form F-10 filed with the U.S. Securities and Exchange Commission [3]. - Interested parties can access the relevant documents for free on EDGAR and SEDAR+ [3]. Group 3: Company Overview - Brookfield Asset Management Ltd. is a leading global alternative asset manager, headquartered in New York, managing over $1 trillion in assets across various sectors including renewable power, infrastructure, private equity, real estate, and credit [5]. - The company focuses on long-term investments in real assets and essential service businesses that are fundamental to the global economy [5]. - BAM offers a range of alternative investment products to a diverse clientele, including public and private pension plans, endowments, sovereign wealth funds, and private wealth investors [5].