Brookfield Asset Management Announces Pricing of $750 Million Notes Due 2055
Brookfield Asset Management (NYSE: BAM) has announced the pricing of $750 million senior notes due 2055. The notes will carry an interest rate of 6.077% per annum. The offering is expected to close on September 9, 2025, subject to customary closing conditions.
The proceeds from this offering will be used for general corporate purposes. The notes are being offered under BAM's existing base shelf prospectus in the United States and Canada, with Wells Fargo Securities and Morgan Stanley serving as joint book-running managers.
Brookfield Asset Management (NYSE: BAM) ha comunicato il prezzo di emissione di obbligazioni senior per 750 milioni di dollari con scadenza 2055. Le obbligazioni avranno un tasso d'interesse del 6,077% annuo. L'operazione dovrebbe chiudersi il 9 settembre 2025, soggetta alle consuete condizioni di chiusura.
I proventi saranno destinati a finalità societarie generali. Le obbligazioni sono offerte ai sensi del prospetto base già in vigore di BAM negli Stati Uniti e in Canada, con Wells Fargo Securities e Morgan Stanley in qualità di joint book-running managers.
Brookfield Asset Management (NYSE: BAM) ha anunciado el precio de emisión de bonos senior por 750 millones de dólares con vencimiento en 2055. Los bonos llevarán un tipo de interés del 6,077% anual. Se espera que la operación se cierre el 9 de septiembre de 2025, sujeta a las condiciones habituales de cierre.
Los ingresos de esta emisión se destinarán a fines corporativos generales. Los bonos se ofrecen bajo el prospecto base vigente de BAM en Estados Unidos y Canadá, con Wells Fargo Securities y Morgan Stanley como joint book-running managers.
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이번 공모� 조달� 자금은 일반 기업 목적� 사용됩니�. 채권은 미국� 캐나다에� BAM� 기존 기본 서류(base shelf prospectus)� 따라 제공되며, Wells Fargo Securities와 Morgan Stanley갶 공동 주관� 맡습니다.
Brookfield Asset Management (NYSE: BAM) a annoncé le prix d'émission de senior notes de 750 millions de dollars arrivant à échéance en 2055. Ces titres porteront un taux d'intérêt de 6,077% par an. L'opération devrait se clôturer le 9 septembre 2025, sous réserve des conditions de clôture habituelles.
Le produit de cette émission sera utilisé à des fins générales de l'entreprise. Les titres sont offerts en vertu du prospectus de base existant de BAM aux États-Unis et au Canada, Wells Fargo Securities et Morgan Stanley agissant comme co-bookrunners.
Brookfield Asset Management (NYSE: BAM) hat die Preisfestsetzung für Senior Notes über 750 Millionen US-Dollar mit Fälligkeit 2055 bekanntgegeben. Die Papiere tragen einen Zinssatz von 6,077% p.a.. Der Abschluss der Transaktion ist für den 9. September 2025 vorgesehen, vorbehaltlich der üblichen Abschlussbedingungen.
Die Erlöse aus der Platzierung dienen allgemeinen Unternehmenszwecken. Die Notes werden unter dem bestehenden Base-Shelf-Prospekt von BAM in den USA und Kanada angeboten; Wells Fargo Securities und Morgan Stanley fungieren als Joint Book-Running Managers.
- Long-term debt financing secured at a fixed rate of 6.077%
- Substantial capital raise of $750 million enhances financial flexibility
- Extended maturity profile with notes due in 2055
- Additional long-term debt obligation could increase interest expense burden
- 32-year debt commitment may limit financial flexibility in the future
Insights
Brookfield's $750M note offering with 6.077% yield signals confidence in long-term market position while strategically leveraging current rate environment.
Brookfield Asset Management's
The generic "general corporate purposes" designation for proceeds provides BAM maximum flexibility, potentially funding anything from operational expenses to strategic acquisitions or even share repurchases. This flexibility is particularly valuable for asset managers who need to respond quickly to market opportunities.
The offering's structure through existing shelf registrations indicates BAM is maintaining an efficient capital raising process, minimizing regulatory hurdles. Using major underwriters like Wells Fargo and Morgan Stanley ensures broad distribution to institutional investors.
For BAM's financial position, this issuance likely optimizes their debt maturity ladder while locking in current rates against potential future increases. The ultra-long maturity reduces refinancing risk but commits BAM to this interest rate for three decades. This suggests management believes current rates represent good value or anticipates utilizing these funds for investments generating returns exceeding the
NEW YORK, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (“BAM�) (NYSE: BAM, TSX: BAM) today announced the pricing of a public offering of
The net proceeds from the sale of the notes will be used for general corporate purposes. The offering is expected to close on September 9, 2025, subject to the satisfaction of customary closing conditions.
The notes are being offered under BAM’s existing base shelf prospectus filed in the United States and Canada and pursuant to an effective registration statement on Form F-10 on file with the U.S. Securities and Exchange Commission (File No. 333-287429). Copies of the prospectus supplement and accompanying base shelf prospectus may be obtained free of charge on EDGAR at www.sec.gov/edgar or on SEDAR+ at www.sedarplus.ca. Before you invest, you should read these documents and other public filings by BAM for more complete information about BAM and this offering.
Alternatively, copies can be obtained from the joint book-running managers and underwriters:
Wells Fargo Securities, LLC 608 2nd Avenue South, Suite 1000 Minneapolis, MN 55402 Attn: WFS Customer Service Telephone: 1-800-645-3751 Email: [email protected] | Morgan Stanley & Co. LLC 180 Varick Street, 2nd Floor New York, NY 10014 Attn: Prospectus Department Telephone: 1-866-718-1649 Email: [email protected] |
This news release does not constitute an offer to sell or the solicitation of an offer to buy the notes described in this news release, nor will 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.
About Brookfield Asset Management
Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over
For more information, please contact:
Media: | Investor Relations: |
Simon Maine | Jason Fooks |
Tel: +44 739 890 9278 | Tel: (212) 417-2442 |
Email: [email protected] | Email: [email protected] |
Forward-Looking Statements
This news release contains “forward-looking statements� within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, “safe harbor� provisions of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information� within the meaning of other relevant securities legislation, including applicable securities laws in Canada, which reflect our current views with respect to, among other things, our operations and financial performance (collectively, “forward-looking statements�). You can identify these forward-looking statements by the use of words such as “outlook�, “believe�, “think�, “expect�, “potential�, “continue�, “may�, “should�, “seek�, “approximately�, “predict�, “intend�, “will�, “plan�, “estimate�, “anticipate�, the negative version of these words, other comparable words or other statements that do not relate strictly to historical or factual matters. These statements identify prospective information. Important factors could cause actual results to differ, possibly materially, from those indicated in these statements. Forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. Such forward-looking statements are subject to risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity. In particular, the forward-looking statements contained in this news release include statements referring to the offering, the expected use of proceeds from the offering and the expected closing date of the offering.
Although BAM believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, certain factors, risks and uncertainties, which are described from time to time in our documents filed with the securities regulators in Canada and the United States, not presently known to BAM, or that BAM currently believes are not material, could cause actual results or events to differ materially from those contemplated or implied by forward-looking statements. Reference should be made to “Item 1A - Risk Factors� and “Item 7 - Management’s Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Statements� in BAM’s annual reports on Form�10-K, and to “Item 2 - Management’s Discussion and Analysis of Financial Condition and Results of Operations� in BAM’s most recently filed quarterly report on Form 10-Q.
Readers are urged to consider these risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements, which are based only on information available to us as of the date of this news release. Except as required by law, BAM undertakes no obligation to publicly update or revise any forward-looking statements, whether written or oral, that may be as a result of new information, future events or otherwise.
