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Prospect News home > News index > List of issuers B > Headlines for Brookfield Corp. > News item
Published on 6/7/2023 in the Prospect News Agency DailyProspect News Bank Loan Daily, Prospect News Canadian Bonds Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

Fitch gives Brookfield Capital, loan A-

Fitch Ratings said it assigned an A- long-term issuer default rating to Brookfield Capital Finance LLC, a wholly-owned debt-issuing subsidiary of Brookfield Corp., also rated A-. The stable outlook reflects the parent’s outlook.

Concurrently, Fitch assigned an expected unsecured debt rating of A- to Brookfield Capital's planned $500 million term loan.

The proceeds are expected to be used for general corporate purposes, including the repayment of debt.


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