Brookfield Asset Management Ltd. announced the pricing of its inaugural public offering of senior notes, agreeing to issue $750 million principal amount of notes due in 2035. These notes will bear interest at a rate of 5.795% per annum.
The net proceeds from the sale of these notes are designated for general corporate purposes, providing Brookfield with additional financial flexibility. The offering is expected to close on April 24, 2025, subject to customary closing conditions.
This debt issuance diversifies Brookfield's funding sources and enhances its liquidity position. The successful pricing of this offering highlights investor confidence in Brookfield's asset-light model and earnings durability, as noted in previous company statements.
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