Core Viewpoint - Brookfield Asset Management Ltd. has launched a commercial paper program allowing the issuance of unsecured commercial paper notes up to a total of $1 billion, aimed at diversifying and strengthening its balance sheet by providing an additional source of short-term capital [1] Group 1: Commercial Paper Program - The program will enable Brookfield to issue unsecured commercial paper notes, with a maximum aggregate amount of $1 billion outstanding at any time [1] - Proceeds from the issuance will be utilized for general corporate purposes [1] Group 2: Company Overview - Brookfield Asset Management 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 [3] - The company focuses on long-term investments in real assets and essential service businesses that are fundamental to the global economy [3] - Brookfield offers a range of alternative investment products to a diverse clientele, including public and private pension plans, endowments, foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors [3]

Core Viewpoint - Agree Realty Corporation has launched its inaugural commercial paper program, allowing the issuance of up to $625 million in short-term, unsecured commercial paper notes to enhance its capital structure and provide liquidity for general corporate purposes [1][2]. Company Overview - Agree Realty Corporation is a publicly traded real estate investment trust (REIT) focused on acquiring and developing properties leased to leading omni-channel retail tenants. As of December 31, 2024, the company owned 2,370 properties across all 50 states, totaling approximately 48.8 million square feet of gross leasable area [4]. Financial Strategy - The commercial paper program is expected to diversify and strengthen the company's balance sheet by providing an additional source of short-term capital. The company anticipates cost benefits from the commercial paper market compared to its existing $1.25 billion revolving credit facility, which will serve as a liquidity backstop for the repayment of the notes issued [2].