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Published on 2/26/2024 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.

S&P assigns Brookfield Finance notes A-

S&P said it assigned its A- debt rating to Brookfield Finance Inc.'s planned issuance of senior unsecured notes due 2054. Parent Brookfield Corp., rated A-, will guarantee the notes.

Market conditions will determine the size of the offering, but for its analysis, the agency said it assumes the issue will be between $500 million and $750 million.

Brookfield is expected to use the proceeds for general corporate purposes.

The outlook is stable.


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