The 2028 notes will have a coupon of 3.900% and will be issued at a price equal to 99.654% of their face value for an effective yield of 3.942%.
The additional 2047 notes will form the same series as the already outstanding US$550 million principal amount of 4.700% notes due 2047 (the “existing 2047 notes”), which were issued on September 14, 2017. The terms of the additional 2047 notes will be identical to the existing 2047 notes, other than the issue date and issue price. The additional 2047 notes will be issued at a price equal to 101.963% of their face value plus accrued and unpaid interest from the original issuance date of September 14, 2017 to, but excluding, the date of delivery of such notes, with an effective yield of 4.577%, if held to maturity. An aggregate principal amount of
The notes will be issued by Brookfield Finance Inc., a 100% owned subsidiary of
The notes will be offered under Brookfield Finance Inc.’s existing base shelf prospectus filed in
Alternatively, copies can be obtained from:
| Deutsche Bank Securities Inc. 60 Wall Street Telephone: 1-800-503-4611 Email: [email protected] |
Merrill Lynch, Pierce, Fenner & Smith Incorporated NC1-004-03-43 200 North College Street, 3rd floor, Attn: Prospectus Department Telephone: 1-800-294-1322 Email: [email protected] |
This news release does not constitute an offer to sell or the solicitation of an offer to buy the notes described herein, nor shall there be any sale of these notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The notes being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the base shelf prospectus or the prospectus supplement.
Brookfield Asset Management
Brookfield Asset Management Inc. is a global alternative asset manager with over
For more information, please contact:
| Claire Holland Communications & Media Tel: (416) 369-8236 Email: [email protected] |
Linda Northwood Investor Relations Tel: (416) 359-8647 Email: [email protected] |
Forward-Looking Statements
Note: This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of Section 27A of the
Forward-looking statements in this news release include statements with respect to the offering, the use of proceeds from the offering and the expected closing date of the offering described in this news release. Although
Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include: economic and financial conditions in the countries in which we do business; the behaviour of financial markets, including fluctuations in interest and exchange rates; availability of equity and debt financing; and other risks and factors in the prospectus and as detailed from time to time in the Company’s Annual Report on Form 40-F filed with the Securities and Exchange Commission as well as other documents filed by the Company with the securities regulators in
We caution that the foregoing list of important factors that may affect future results is not exhaustive. When relying on our forward-looking statements to make decisions with respect to
Source: Brookfield Asset Management Inc
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