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Brookfield Corporation Announces Pricing of $500 Million Notes Due 2055

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Brookfield (NYSE: BN, TSX: BN) has announced the pricing of a $500 million senior notes offering due 2055. The notes, to be issued by Brookfield Finance Inc., will carry an interest rate of 5.813% per annum and will be fully guaranteed by Brookfield

The offering is expected to close on March 3, 2025, subject to customary closing conditions. The net proceeds will be used for general corporate purposes. The notes are being offered under Brookfield's existing base shelf prospectus in the United States and Canada, with the U.S. offering made pursuant to a registration statement on Form F-10.

Brookfield (NYSE: BN, TSX: BN) ha annunciato il prezzo di un con scadenza nel 2055. Le note, che saranno emesse da Brookfield Finance Inc., porteranno un tasso di interesse del 5,813% annuo e saranno completamente garantite da Brookfield.

L'emissione dovrebbe chiudersi il 3 marzo 2025, soggetta a condizioni di chiusura consuete. I proventi netti saranno utilizzati per scopi aziendali generali. Le note sono offerte sotto il prospetto base esistente di Brookfield negli Stati Uniti e in Canada, con l'offerta negli Stati Uniti effettuata secondo una dichiarazione di registrazione sul modulo F-10.

Brookfield (NYSE: BN, TSX: BN) ha anunciado el precio de una emisión de notas senior de 500 millones de dólares con vencimiento en 2055. Las notas, que serán emitidas por Brookfield Finance Inc., tendrán una tasa de interés del 5,813% anual y estarán completamente garantizadas por Brookfield.

Se espera que la emisión se cierre el 3 de marzo de 2025, sujeto a condiciones de cierre habituales. Los ingresos netos se utilizarán para fines corporativos generales. Las notas se ofrecen bajo el prospecto base existente de Brookfield en los Estados Unidos y Canadá, con la oferta en EE. UU. realizada de acuerdo con una declaración de registro en el formulario F-10.

브룩필드 (NYSE: BN, TSX: BN)5억 달러 규모의 선순위 노트 발행 가격을 발표했습니다. 이 노트는 2055년에 만료되며, 브룩필드 파이낸스 주식회사가 발행합니다. 이 노트는 연 5.813%의 이자율을 가지며 브룩필드에 의해 완전히 보증됩니다.

이번 발행은 2025년 3월 3일에 마감될 예정이며, 일반적인 마감 조건에 따라 진행됩니다. 순수익은 일반 기업 목적에 사용될 것입니다. 이 노트는 브룩필드의 기존 기본 선반 설명서에 따라 미국과 캐나다에서 제공되며, 미국의 경우 F-10 양식에 따른 등록 명세서에 따라 제공됩니다.

Brookfield (NYSE: BN, TSX: BN) a annoncé le prix d'une émission d'obligations senior de 500 millions de dollars arrivant à échéance en 2055. Les obligations, qui seront émises par Brookfield Finance Inc., porteront un taux d'intérêt de 5,813% par an et seront entièrement garanties par Brookfield.

L'émission devrait se clôturer le 3 mars 2025, sous réserve des conditions de clôture habituelles. Le produit net sera utilisé à des fins corporatives générales. Les obligations sont offertes dans le cadre du prospectus de base existant de Brookfield aux États-Unis et au Canada, l'offre américaine étant réalisée conformément à une déclaration d'enregistrement sur le formulaire F-10.

Brookfield (NYSE: BN, TSX: BN) hat die Preisgestaltung einer 500 Millionen Dollar umfassenden Emission von vorrangigen Anleihen mit Fälligkeit im Jahr 2055 bekannt gegeben. Die Anleihen, die von Brookfield Finance Inc. ausgegeben werden, haben einen Zinssatz von 5,813% pro Jahr und sind vollständig von Brookfield garantiert.

Die Emission wird voraussichtlich am 3. März 2025 abgeschlossen, vorbehaltlich der üblichen Abschlussbedingungen. Die Nettoerlöse werden für allgemeine Unternehmenszwecke verwendet. Die Anleihen werden im Rahmen des bestehenden Basisprospekts von Brookfield in den USA und Kanada angeboten, wobei das Angebot in den USA gemäß einer Registrierungsanmeldung auf dem Formular F-10 erfolgt.

Positive
  • Successful pricing of $500M senior notes offering
  • Long-term debt maturity extending to 2055
  • Notes fully guaranteed by Brookfield
Negative
  • Additional long-term debt obligation at 5.813% interest rate

BROOKFIELD, NEWS, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $500 million principal amount of senior notes due 2055 (the “notes”), which will bear interest at a rate of 5.813% per annum.

The notes will be issued by Brookfield Finance Inc., an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. The net proceeds from the sale of the notes will be used for general corporate purposes. The offering is expected to close on March 3, 2025, subject to the satisfaction of customary closing conditions.

The notes are being offered under Brookfield and the issuer’s existing base shelf prospectus filed in the United States and Canada. In the United States, the notes are being offered pursuant to an effective registration statement on Form F-10 filed by Brookfield and the issuer with the U.S. Securities and Exchange Commission (File No. 333-279601). The offering is being made only by means of a prospectus supplement relating to the offering of the notes. You may obtain these documents for free 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 Brookfield for more complete information about Brookfield and this offering.

Alternatively, copies can be obtained from:

Deutsche Bank Securities Inc.
1 Columbus Circle
New York, NY 10019
Attn.: Prospectus Group
Telephone: 1-800-503-4611
Email: prospectus.CPDG@db.com
SMBC Nikko Securities America, Inc.
277 Park Avenue
New York, NY 10172
Attn: Debt Capital Markets
Telephone: 1-212-224-5135
Email: prospectus@smbcnikko-si.com
  

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.

About Brookfield Corporation

Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. We have three core businesses: Alternative Asset Management, Wealth Solutions, and our Operating Businesses which are in renewable power, infrastructure, business and industrial services, and real estate.

We have a track record of delivering 15%+ annualized returns to shareholders for over 30 years, supported by our unrivaled investment and operational experience. Our conservatively managed balance sheet, extensive operational experience, and global sourcing networks allow us to consistently access unique opportunities. At the center of our success is the Brookfield Ecosystem, which is based on the fundamental principle that each group within Brookfield benefits from being part of the broader organization. Brookfield Corporation is publicly traded in New York and Toronto (NYSE: BN, TSX: BN).

For more information, please contact:

Media: Investor Relations:
Kerrie McHughKatie Battaglia
Tel: (212) 618-3469Tel: (212) 776-2252
Email: kerrie.mchugh@brookfield.com Email: katie.battaglia@brookfield.com
  

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “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 in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, beliefs and assumptions and which are in turn based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. The estimates, beliefs and assumptions of Brookfield are inherently subject to significant business, economic, competitive and other uncertainties and contingencies regarding future events and as such, are subject to change. Forward-looking statements are typically identified by words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “strive”, “will”, “may” and “should” and similar expressions. In particular, the forward-looking statements contained in this news release include statements referring to the offering, the use of proceeds from the offering and the expected closing date of the offering.

Although Brookfield 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 Brookfield, or that Brookfield currently believes are not material, could cause actual results to differ materially from those contemplated or implied by forward-looking statements.

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, Brookfield 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.


FAQ

What is the interest rate and maturity of Brookfield's (BN) new senior notes offering?

The senior notes will bear interest at 5.813% per annum and mature in 2055.

How much is Brookfield (BN) raising through its senior notes offering?

Brookfield is raising $500 million through this senior notes offering.

When will Brookfield's (BN) $500M notes offering close?

The offering is expected to close on March 3, 2025, subject to customary closing conditions.

What will Brookfield (BN) use the proceeds from the $500M notes offering for?

The net proceeds will be used for general corporate purposes.

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