TSX:BAMCapital Markets
Is Brookfield (TSX:BAM) Using Its New US$1 Billion Notes Issue To Quietly Reposition Its Balance Sheet?
Brookfield Asset Management has completed a US$1.00 billion offering of senior notes, issuing US$550,000,000 of 4.832% notes due 2031 and US$450,000,000 of 5.298% notes due 2036 under its existing Indenture structure.
The new notes, which include make-whole and change-of-control protections plus limitations on additional liens, refine Brookfield’s balance sheet flexibility while adding investor safeguards around taxation and potential ownership shifts.
We’ll now examine how this fresh...

