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Published on 5/10/2021 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Brookfield Asset Management sets redemption price for 4.54% notes

Chicago, May 10 – Brookfield Asset Management Inc. announced the repurchase price for its 4.54% notes due March 31, 2023 (Cusip: 11257ZAC3) that will be redeemed early on May 13, according to a press release.

The company said it will redeem the C$600 million principal amount of notes at C$1,072.50 per C$1,000 notes, which includes C$5.42 of interest on top of a redemption price of C$1,067.08.

Brookfield is an alternative asset manager. The issuer has headquarters in Toronto.


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