debt
confidence high
sentiment neutral
materiality 0.50
Oaktree issues $200M 3.06% senior notes due 2037 in private placement
Brookfield Oaktree Holdings, LLC
- Issued $200M aggregate principal of 3.06% Senior Notes due Jan 12, 2037 via private placement.
- Notes senior unsecured, guaranteed by Oaktree Capital I, II, and Oaktree AIF Investments on joint basis.
- Proceeds for general corporate purposes; closing expected on or before Jan 12, 2022.
- Note agreement includes financial covenants on leverage ratio and minimum AUM.
- Issuer and guarantors indirectly owned by Oaktree Capital Group Holdings and Brookfield.