Business
Brookfield Asset Management Announces Pricing of $750 Million Notes Due 2055
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 $750 million principal amount of senior notes due 2055 (the “notes”), which will bear interest at a rate of 6.077% per annum. 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 note
About this update from Brookfield Asset Management Inc
[{"type":"image","alt":"Brookfield Asset Management Ltd","displaySize":"","headline":null,"caption":"Brookfield Asset Management Ltd","className":"","disableSlideshowImg":false,"size":{"original":{"width":150,"height":26,"url":"https://media.zenfs.com/en/globenewswire.com/b6af473c8634439bb8c9ebe6adcb5ba4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/QNyC1p556TuRAurA4d2Gvg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTM2O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/b6af473c8634439bb8c9ebe6adcb5ba4","width":150,"height":26}},"lazy":false},{"type":"text","content":"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 $750 million principal amount of senior notes due 2055 (the “notes”), which will bear interest at a rate of 6.077% per annum.","length":285,"tagName":"p"},{"type":"text","content":"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.","length":205,"tagName":"p"},{"type":"text","content":"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:","length":660,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"max-width:50%;width:50%;min-width:50%;vertical-align:top;","val":[{"type":"text","content":"Wells Fargo Securities, LLC608 2nd Avenue South, Suite 1000Minneapolis, MN 55402Attn: WFS Customer ServiceTelephone: 1-800-645-3751Email: [email protected]","length":176,"tagName":"p","attribs":{}}]},{"style":"max-width:50%;width:50%;min-width:50%;vertical-align:top;","val":[{"type":"text","content":"Morgan Stanley & Co. LLC180 Varick Street, 2nd FloorNe...