Core Viewpoint - Brookfield Corporation has announced a public offering of 8,000,000 Class A Preference Shares, Series 54, aiming to raise C$200,000,000, with a fixed annual dividend yield of 5.65% for an initial period until December 31, 2030 [1][3]. Group 1: Offering Details - The Preferred Shares, Series 54 will be issued at a price of C$25.00 per share, resulting in aggregate gross proceeds of C$200,000,000 [1]. - An option has been granted to underwriters to purchase an additional 2,000,000 shares, potentially increasing the total offering size to C$250,000,000 [2]. - The offering is expected to close on or about November 26, 2025 [3]. Group 2: Dividend Structure - Holders of the Preferred Shares, Series 54 will receive a cumulative quarterly fixed dividend yielding 5.65% annually for the initial period [1]. - After the initial period, the dividend rate will be reset every five years based on the greater of the 5-year Government of Canada bond yield plus 2.80% or 5.65% [1]. Group 3: Use of Proceeds - Brookfield intends to use the net proceeds from the offering to redeem a minimum of C$200,000,000 of its outstanding Cumulative Class A Preference Shares, Series 44 on December 31, 2025 [3]. - If the underwriters' option is fully exercised, Brookfield plans to redeem all of its Preferred Shares, Series 44 on the same date [3]. Group 4: Company Overview - Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals, with core businesses in Alternative Asset Management, Wealth Solutions, and Operating Businesses [7][8]. - The company has a track record of delivering over 15% annualized returns to shareholders for more than 30 years [9].