debt
confidence high
sentiment neutral
materiality 0.50
Brookfield Asset Management issues $750M 6.077% notes due 2055
Brookfield Asset Management Ltd.
- Issued $750M aggregate principal of 6.077% notes maturing September 15, 2055.
- Interest payable semi-annually on March 15 and September 15, beginning March 15, 2026.
- Make-whole redemption allowed prior to March 15, 2055; thereafter redeemable at par.
- Change of control triggers offer to repurchase notes at 101% of principal plus accrued interest.
- Indenture contains a limitation on liens and customary covenants.
item 1.01item 2.03item 9.01