Business
Brookfield Corporation Announces Pricing of C$500 Million of Medium-Term Notes Due 2036 and C$250 Million Re-Opening of Medium-Term Notes Due 2055
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES BROOKFIELD, NEWS, April 16, 2026 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced the pricing of a public offering of C$500 million aggregate principal amount of medium-term notes due April 21, 2036 (the “2036 notes”), which will bear interest at a rate of 4.803% per annum, payable semi-annually, and the pricing of a C$250 million re-opening of its 5.399% medium term notes due D
About this update from Brookfield Corporation
[{"type":"image","alt":"Brookfield Corporation","displaySize":"","headline":null,"caption":"Brookfield Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":51,"url":"https://media.zenfs.com/en/globenewswire.com/f8252f9c7e8676ecce1c2de410eb4a0b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/9iojCP.TvkScwBDpyIL8Fg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTcx/https://media.zenfs.com/en/globenewswire.com/f8252f9c7e8676ecce1c2de410eb4a0b","width":300,"height":51}},"lazy":false},{"type":"text","content":"NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES","length":88,"tagName":"p"},{"type":"text","content":"BROOKFIELD, NEWS, April 16, 2026 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced the pricing of a public offering of C$500 million aggregate principal amount of medium-term notes due April 21, 2036 (the “2036 notes”), which will bear interest at a rate of 4.803% per annum, payable semi-annually, and the pricing of a C$250 million re-opening of its 5.399% medium term notes due December 11, 2055 (the “2055 notes” and together with the 2036 notes, the “notes”).","length":493,"tagName":"p"},{"type":"text","content":"The 2055 notes will form part of the same series as the already outstanding C$650 million aggregate principal amount of 5.399% notes due December 11, 2055 (the “existing notes”), which were issued on December 11, 2025. After giving effect to the re-opening, the aggregate principal amount of the series will be C$900 million. The terms of the 2055 notes will be identical to the existing notes, other than the issue date and the issue price. The 2055 notes will be issued at a price equal to 99.495% of their face value plus accrued and unpaid interest from December 11, 2025 (the issue date of the existing notes) through, but excluding, the date of delivery of such notes, with an effective yield of 5.433%, if held to maturity.","length":730,"tagName":"p"},{"type":"text","content":"The notes are expected to be assigned a credit rating of A- by Standard & Poor’s, A- by Fitch, A3 by Moody’s and A by DBRS.","length":127,"tagName":"p"},{"type":"text","content":"Brookfield Corporation intends to use the net proceeds from the sale of the notes for general corporate purposes.","length":113,"tagName":"p"},{"type":"text","content":"The notes are bein...