Brookfield Corporation announced the pricing of a public offering of $500 million principal amount of senior notes due 2055. The notes will bear interest at a rate of 5.813% per annum.
The notes will be issued by Brookfield Finance Inc., an indirect wholly-owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield Corporation. The net proceeds from the sale of these notes are intended for general corporate purposes.
The offering is expected to close on March 3, 2025, subject to the satisfaction of customary closing conditions. This financing initiative further strengthens Brookfield's balance sheet and provides capital for its ongoing investment and operational activities.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.