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Brookfield Asset Management Announces Pricing of $750 Million Notes Due 2055
Globenewswireยท 2025-09-04 21:11
Core Viewpoint - Brookfield Asset Management Ltd. announced a public offering of $750 million in senior notes due 2055, with an interest rate of 6.077% per annum, aimed at general corporate purposes [1]. Group 1: Offering Details - The offering consists of senior notes with a principal amount of $750 million, maturing in 2055, and bearing an interest rate of 6.077% [1]. - The expected closing date for the offering is September 9, 2025, pending customary closing conditions [1]. - The notes are being offered under BAM's existing base shelf prospectus filed in the U.S. and Canada, with an effective registration statement on Form F-10 [2]. Group 2: 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 infrastructure, renewable power, private equity, real estate, and credit [4]. - The company focuses on long-term investments in real assets and essential service businesses that are critical to the global economy [4]. - BAM provides a range of alternative investment products to a diverse clientele, including public and private pension plans, endowments, sovereign wealth funds, and private wealth investors [4].