debt
confidence high
sentiment neutral
materiality 0.55
Brookfield Asset Management prices $750M inaugural senior notes at 5.795% due 2035
Brookfield Asset Management Ltd.
- $750 million senior unsecured notes due April 24, 2035 at 5.795% coupon.
- Net proceeds to be used for general corporate purposes.
- Offering expected to close on April 24, 2025, subject to customary conditions.
- Make-whole call at Treasury +25 bps prior to Jan 24, 2035; par call thereafter.
- Joint book-runners: Citigroup, Wells Fargo, Mizuho, SMBC Nikko.