debt
confidence high
sentiment neutral
materiality 0.50
BAM prices $1B debt: $550M 4.832% notes due 2031 and $450M reopening of 5.298% notes due 2036
Brookfield Asset Management Ltd.
- $550M senior notes at 4.832% due 2031; $450M reopening of 5.298% notes due 2036, increasing series to $850M.
- Net proceeds from offering used for general corporate purposes; expected to close April 17, 2026.
- Offered via prospectus supplements to existing shelf; joint book-runners RBC Capital Markets and SMBC Nikko.
- After reopening, aggregate principal of 2036 series is $850M (including $400M existing issued Nov 2025).