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Brookfield Asset Management Inc Announces To Issue CAD350 Million Of Medium Term Notes


Wednesday, 30 Jan 2013 12:33pm EST 

Brookfield Asset Management Inc announced that it has agreed to issue CAD350 million aggregate principal amount of medium term notes (notes), including CAD175 million principal amount of a re-opening of notes with a March 2023 maturity (the March 2023 Notes) and C$175 million principal amount of a re-opening of notes with an April 2019 maturity (the April 2019 Notes).The company intends to use the net proceeds of the issue to redeem all of its outstanding 8.95% notes that mature on June 2, 2014, to refinance indebtedness that will mature in October 2013 and for general corporate purposes. The notes are being offered through a syndicate of agents led by Scotia Capital Inc., CIBC World Markets Inc. and RBC Capital Markets. 

Company Quote

52.16
0.06 +0.12%
4:00pm EDT