debt
confidence high
sentiment neutral
materiality 0.55
Brookfield Asset Management prices $600M 4.653% notes due 2030 and $400M 5.298% notes due 2036
Brookfield Asset Management Ltd.
- $600M of 4.653% senior notes due Nov 15, 2030; interest payable semiannually starting May 2026.
- $400M of 5.298% senior notes due Jan 15, 2036; interest payable semiannually starting July 2026.
- Both tranches are redeemable at make-whole prior to one month (2030 notes) or three months (2036 notes) before maturity.
- Indenture includes lien restrictions and a change-of-control repurchase at 101% of principal plus accrued interest.