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     141  0 Kommentare Brookfield Corporation Announces Pricing of $450 Million Notes Due 2035 and $200 Million Re-Opening of Notes Due 2054

    BROOKFIELD, NEWS, June 17, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $450 million principal amount of senior notes due 2035 (the “2035 notes”), which will bear interest at a rate of 5.675% per annum, and the pricing of a $200 million re-opening of its 5.968% notes due 2054 (the “2054 notes” and together with the 2035 notes, the “notes”).

    The 2054 notes will form part of the same series as the already outstanding US$750 million principal amount of 5.968% notes due 2054 (the “existing notes”), which were issued on March 4, 2024. After giving effect to the re-opening, the aggregate principal amount of the series will be US$950 million. The terms of the 2054 notes will be identical to the existing notes, other than the issue date and the issue price. The 2054 notes will be issued at a price equal to 101.435% of their face value plus accrued and unpaid interest from March 4, 2024 (the issue date of the existing notes) through, but excluding, the date of delivery of such notes, with an effective yield of 5.864%, if held to maturity.

    The notes will be issued by Brookfield Finance Inc., an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. The net proceeds from the sale of the notes will be used for general corporate purposes. The offering is expected to close on June 21, 2024, subject to the satisfaction of customary closing conditions.

    The notes are being offered under Brookfield and the issuer’s existing base shelf prospectus filed in the United States and Canada. In the United States, the notes are being offered pursuant to an effective registration statement on Forms F-10 and F-3 filed by Brookfield and the issuer with the U.S. Securities and Exchange Commission (File No. 333-279601). The offering is being made only by means of a prospectus supplement relating to the offering of the notes. You may obtain these documents for free 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 Brookfield for more complete information about Brookfield and this offering.

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    Brookfield Corporation Announces Pricing of $450 Million Notes Due 2035 and $200 Million Re-Opening of Notes Due 2054 BROOKFIELD, NEWS, June 17, 2024 (GLOBE NEWSWIRE) - Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $450 million principal amount of senior notes due 2035 (the “2035 notes”), which will …